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Morgan Stanley still short AUD/USD, targeting 0.6200. See prospect of more RBA rate hike

This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. Morgan Stanley Research maintains a short AUD/USD position targeting a move towards 0.6200. "The RBA surprisingly hiked rates last week - in line with our paid RBA trade recommendation...We see the prospect for another 25bp hike at the June meeting or the July meeting," MS notes. "That said, we continue to re... Read More

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Content Topics

Morgan

Stanley

Still

Short

Aud

Usd

Targeting

6200

Aud usd

0 6200

Prospect

Forex

Posted: May 11 2023, 20:48

Author Name: forexlive

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