Daniel Been, analyst at ANZ, suggests that further AUD weakness is increasingly contingent on the RBA easing policy in 2020. Key Quotes “While a trade resolution looks well priced into risk assets in the very short term, an impending improvement in global growth would provide a solid base for risk as we move into the first quarter.” “If the RBA remains focussed on reducing spare capacity in the domestic economy and ease further, then the AUD will react strongly, likely testing USD0.65.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD weaker, challenges 1.1000 ahead of data FX Street 3 years Daniel Been, analyst at ANZ, suggests that further AUD weakness is increasingly contingent on the RBA easing policy in 2020. Key Quotes "While a trade resolution looks well priced into risk assets in the very short term, an impending improvement in global growth would provide a solid base for risk as we move into the first quarter." "If the RBA remains focussed on reducing spare capacity in the domestic economy and ease further, then the AUD will react strongly, likely testing USD0.65." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
