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Why ING expects a big rebound in AUD/USD before year-end
ING presents its views on the AUD/USD exchange rate, expressing confidence in a notable rebound in the Australian dollar by the end of the year. The bank's bullish outlook is based on various factors, including expectations of continued monetary tightening by the Reserve Bank of Australia (RBA), potential surprises in inflation data, and the perceived undervaluation of the Australian dollar.RBA's Monetary TighteningING does not agree with the view that the RBA has concluded its monetary tighteni...
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Posted: Aug 9 2023, 17:28
Author Name: forexlive
Views: 022270