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Watch out for Australian dollar disappointment - Credit Agricole

Discussion in 'Market News' started by ForexLive, Oct 9, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Is AUD still a buy at current levels? From Credit Agricole: "The AUD has been in demand for most of the week, mainly due to stabilising RBA monetary policy expectations and improving global risk sentiment. Even though the RBA left monetary policy unchanged, it still left open all options regarding additional policy action later on. As such, incoming data should have a heightened impact on investors' central bank rate expectations.

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