16 Oct 2013
Flash: AUD/USD may attempt to mull around in a 0.9450 - 0.9550 range – OCBC
FXstreet.com (Athens) – Emmanuel Ng of OCBC Bank mentions that the RBA meeting minutes released on Tuesday showed little inclination on the central bank’s part to lean towards further interest rate cuts and remained largely neutral in its stance.
Key Quotes
“With investor sentiment no derailed thus far by the US fiscal uncertainty, the AUD/USD may attempt to mull around in a 0.9450-0.9550 range in the interim.”
Key Quotes
“With investor sentiment no derailed thus far by the US fiscal uncertainty, the AUD/USD may attempt to mull around in a 0.9450-0.9550 range in the interim.”