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MUFG: We continue to run long AUD/NZD despite the post-RBA correction lower

MUFG: We continue to run long AUD/NZD despite the post-RBA correction lower
MUFG, the Japanese financial services group, remains committed to a long position on AUD/NZD, expecting it to rally towards 1.12.Key Points:Continued Long AUD/NZD Position: MUFG continues to hold a long AUD/NZD position as part of their trade idea mentioned in their FX Weekly report. Despite a recent correction lower following the RBA's (Reserve Bank of Australia) decision to keep interest rates unchanged, MUFG anticipates renewed support for the AUD moving forward.Unchanged RBA Guidance: The RB... Read More
Posted: Jul 5 2023, 15:02
Author Name: forexlive
Views: 110771

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