SYFX

National Australia Bank targeting AUD/USD as high as 0.85

Summary

By sueyangfx.com April 21, 2021 at 12:17AM NAB remarks on the Australian dollar ahead, this via the folks at eFX: “Two of the key drivers of AUD volatility, namely risk sentiment and commodity prices, have been supportive of latest AUD […]

April 21, 2021 at 12:17AM

NAB remarks on the Australian dollar ahead, this via the folks at eFX:
“Two of the key drivers of AUD volatility, namely risk sentiment and commodity prices, have been supportive of latest AUD gains…A key influence here, alongside China commodity demand remaining robust, is that optimism toward fuller global economic re-opening come H2 2021 proves justified,”

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