Sean Callow, Research Analyst at Westpac, suggests that they are sticking with the their bullish view on the AUD/USD pair for the week ahead, even though commodities have eased back a little. Key Quotes “Broad USD sentiment has faltered, DXY failing again at 97. The medium and long term dollar outlook remains robust however.” “With USD on the back foot, risk appetite firming and specs still short AUD, we look for a run towards 0.7350 near term, perhaps a little higher. Local data should back this move and if wages surprise to the upside, AUD/USD could approach 0.7400.” 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 UK’s Hunt: Confident will reach a Brexit agreement FX Street 4 years Sean Callow, Research Analyst at Westpac, suggests that they are sticking with the their bullish view on the AUD/USD pair for the week ahead, even though commodities have eased back a little. Key Quotes "Broad USD sentiment has faltered, DXY failing again at 97. The medium and long term dollar outlook remains robust however." "With USD on the back foot, risk appetite firming and specs still short AUD, we look for a run towards 0.7350 near term, perhaps a little higher. Local data should back this move and if wages surprise to the upside, AUD/USD could approach 0.7400." 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.
