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AUD outperforms, but for how long?

MongiIG

By MongiIG,
in Foreign Exchange (FX)

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MongiIG Honoured Contributor

MongiIG

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The Australian dollar (AUD) has been one of the best performers today after a hawkish central bank raised rates more than expected and gave a hawkish statement.

IGTV’s Jeremy Naylor looks at the gains in AUD/USD, which he says may be short-lived, and a longer-term outlook for upside for AUD/NZD.

 

 

 

 

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