The Aussie is up over 4% since mid-April and an earlier than anticipated dose of optimism has forced analysts at CIBC Capital Markets to revise the AUD/USD forecast higher this month. Key quotes “The Aussie has benefitted from optimism, as the antipodean nations have been the first to re-open economies, after shutting down due to the COVID-19 crisis.” “The RBA is expected to keep rates at emergency levels well past this year, while continuing to target the 3- year yield at 0.25%.” “Q3 20: 0.65 | Q1 21: 0.66” 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 Cryptocurrency Market Update: Bitcoin eyes $9,000, Ethereum stalls under $205 while Ripple paralyzed under $0.20 FX Street 3 years The Aussie is up over 4% since mid-April and an earlier than anticipated dose of optimism has forced analysts at CIBC Capital Markets to revise the AUD/USD forecast higher this month. Key quotes “The Aussie has benefitted from optimism, as the antipodean nations have been the first to re-open economies, after shutting down due to the COVID-19 crisis.” “The RBA is expected to keep rates at emergency levels well past this year, while continuing to target the 3- year yield at 0.25%.” “Q3 20: 0.65 | Q1 21: 0.66” 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.
