Historical relationships have shown that the Australian dollar should be trading around 85 cents to 90 cents, given the recent sharprise in gold. It does provide the case for the Australian dollar to play some catch up, particularly if the Fed rate-hike momentum loses favor with investors.
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This quote is just one of 4 total Prashant Newnaha quotes in our collection. Prashant Newnaha is known for saying 'Historical relationships have shown that the Australian dollar should be trading around 85 cents to 90 cents, given the recent sharp rise in gold. It does provide the case for the Australian dollar to play some catch up, particularly if the Fed rate-hike momentum loses favor with investors.' as well as some of the following quotes.
Historical relationships have shown that the Australian dollar should be trading around 85 cents to 90 cents, given the recent sharp rise in gold. It does provide the case for the Australian dollar to play some catch up, particularly if the Fed rate-hike momentum loses favor with investors.
The amount of supply will put some upward bias on yields and keep bonds in a negative momentum. The market is comfortable with expectations for two more rate hikes, so supply can be a concern going forward.
This quote is just one of 4 total Prashant Newnaha quotes in our collection. Prashant Newnaha is known for saying 'Historical relationships have shown that the Australian dollar should be trading around 85 cents to 90 cents, given the recent sharp rise in gold. It does provide the case for the Australian dollar to play some catch up, particularly if the Fed rate-hike momentum loses favor with investors.' as well as some of the following quotes.