16 Feb 2015
AUD/USD to play the range-game – OCBC
FXStreet (Barcelona) - According to Emmanuel Ng of OCBC Bank, AUD/USD is likely to remain trapped in the 0.7620-0.7840 range in the interim.
Key Quotes
“The pair may attempt to stay afloat in the near term given the greenback’s shakiness and the commodity complex regaining a little more color in hits cheeks.”
“On the CFTC front, net leveraged AUD shorts increased slightly in the latest week although the pair may remain trapped in a 0.7620-0.7840 range in the interim.”
Key Quotes
“The pair may attempt to stay afloat in the near term given the greenback’s shakiness and the commodity complex regaining a little more color in hits cheeks.”
“On the CFTC front, net leveraged AUD shorts increased slightly in the latest week although the pair may remain trapped in a 0.7620-0.7840 range in the interim.”