Analysts at ANZ are out with their view on the AUD/USD pair for the coming week, as cited in their weekly FX Strategy report. Key Quotes: “The data calendar is light, but we’ll keep an eye on auction clearance rates – as weakness in the housing sector is a key downside risk for the AUD The AUD is likely to remain caught in the cross-fire of US trade policy for now. We could be less bearish on the outlook if there were strong domestic data to latch onto, but the data flow remains uninspiring from an RBA rate hike perspective, and risks around the housing market may also weigh. Favorable terms-of-trade have helped so far, but this channel seems to be steadying. We expect the AUD to continue to trade defensively.” 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 GBP/JPY hit by fresh US-China trade war concerns FX Street 3 years Analysts at ANZ are out with their view on the AUD/USD pair for the coming week, as cited in their weekly FX Strategy report. Key Quotes: "The data calendar is light, but we'll keep an eye on auction clearance rates - as weakness in the housing sector is a key downside risk for the AUD The AUD is likely to remain caught in the cross-fire of US trade policy for now. We could be less bearish on the outlook if there were strong domestic data to latch onto, but the data flow remains uninspiring from an RBA rate hike… Top 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.
