What's next for the AUD, following the rate cut of the RBA this week?
Saxo Capital Markets Australia
Multi-asset trading platform
Following the reduction of the cash rate in Australia to 1.5% this week, Saxo's Global macro strategist Kay Van-Petersen is now expecting the Aussie dollar to strengthen against the USD. Not because of the Aussie dollar's own strength; this is more of a relative game. Watch the following video to find out how to play Kay's suggested trade in in the AUDUSD cross: (VIEW LINK)
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Saxo Capital Markets (Australia) Pty Ltd is a wholly owned subsidiary of Saxo Bank A/S, a global online trading platform specialist. We enable investors the ability to trade FX, CFDs, Stocks, Futures & other derivatives from one account. TradingFloor.com is a social trading website, a property of Saxo Bank, and is offered to clients of Saxo Capital Markets in Australia.
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Saxo Capital Markets Australia
Contributor
Multi-asset trading platform
Saxo Capital Markets (Australia) Pty Ltd is a wholly owned subsidiary of Saxo Bank A/S, a global online trading platform specialist. We enable investors the ability to trade FX, CFDs, Stocks, Futures & other derivatives from one account....
Expertise
No areas of expertise
Saxo Capital Markets Australia
Contributor
Multi-asset trading platform
Saxo Capital Markets (Australia) Pty Ltd is a wholly owned subsidiary of Saxo Bank A/S, a global online trading platform specialist. We enable investors the ability to trade FX, CFDs, Stocks, Futures & other derivatives from one account....
Expertise
No areas of expertise
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