AUD/USD keeps the neutral stance – UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The research team at UOB Group has reiterated the neutral perspective of the pair in the near-term.

    Key Quotes

    “The recent volatile movement appears to have subsided somewhat as AUD traded in a relatively tight range last Friday”.

    “We have maintained a neutral stance since early last week and there is no change to the view”.

    “We expect this pair to trade in a broad 0.6950/0.7240 range for now”.
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