SYFX

AUD/USD above the top of its fair value range

Published On: August 4, 2020

Summary

By sueyangfx.com August 04, 2020 at 05:06AM This via Westpac (@Robert__Rennie) today on the Australian dollar – Top end of Westpac A$ ‘fair value’ range hits 0.7025 which is high back to Jan this year – meaning the A$ is […]

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By sueyangfx.com

August 04, 2020 at 05:06AM

This via Westpac (@Robert__Rennie) today on the Australian dollar
– Top end of Westpac A$ ‘fair value’ range hits 0.7025 which is high back to Jan this year
– meaning the A$ is still above ‘short term fair value’ but only just as iron ore price rises sharply narrowing the deviation to smallest in 8 weeks

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