May 8, 2013
Forex Flash: AUD/USD could probe parity in near-term – Westpac
The RBAs May rate cut and hint of more to come is sending the cash rate into new territory. According to Global FX Strategist Sean Callow at Westpac, “While hardly a killer blow for the AUD/USD in a world of ultra low yields, this dovish outlook should see a probe of 1.00-1.0100 near term.”
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