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RaboBank: Australian dollar headed to 68 cents on China decoupling – MacroBusiness
See the latest Australian dollar analysis here:Macro AfternoonThis makes more sense to me than 90 cents: AUD … is worst-placed for a US-China decoupling, the RBA’s Debelle just gave a speech in which he said a lower AUD would be beneficial to support the econ…
This makes more sense to me than 90 cents:
- AUD … is worst-placed for a US-China decoupling, the RBA’s Debelle just gave a speech in which he said a lower AUD would be beneficial to support the economy, and that higher public debt levels (which the RBA will support) are not a problem.
- The RBA’s projections, always too optimistic, are also that it will be three years before rates need to rise again.
- Ask the BOJ how long it has taken them
- We see scope for AUD/USD to…
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