What's next for the AUD, following the rate cut of the RBA this week?
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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