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

Saxo Capital Markets Australia

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)


Saxo Capital Markets Australia

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

currency australian dollar aud fx audusd Aussie dolalr

Comments

Please sign in to comment on this wire.