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Barclays trade of the week: Sell AUD/JPY

Discussion in 'Market News' started by ForexLive, Feb 1, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    From Barclays' foreign exchange desk: Weaker data from China are likely to weigh on China-exposed currencies such as AUD. On the other hand, although we expect no rate cut at the RBA's meeting, we believe that the weak inflation outlook and the relative overvaluation of AUD will require easier financial conditions and see a risk that RBA rhetoric will be tilted toward an accommodative bias.

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