Forex
globalreutersJanuary 9, 20251 Mins read
AUD/USD: Below 0.6180 further weakness can be expected – UOB Group
globalreutersJanuary 9, 20251 Mins read Provided that Australian Dollar (AUD) remains below 0.6245, it could test the major support of 0.6180 before a rebound is likely. In the longer run, AUD must break and remain below 0.6180 before further weakness can be expected, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Related Articles
Fed’s Schmid: We won’t likely get to 2% inflation until 2026
The last stage to 2% inflation could be the most-challenging This article...
EUR/USD Trade Idea
EUR/USD Trade Idea: Fade the Rally StrategyThe EUR/USD futures market is showing...
Fed’s Bowman: The Fed should be cautious in considering changes to policy rate
The topic of this speech was "Reflections on 2024: Monetary policy, economic...
Fed’s Schmid: Any further rate cuts should be gradual and data driven
Interest rate policy may be 'near' where it needs to be for...
Leave a comment