AUD/USD lower on forecast the RBA might do an anti-taper (ie increase QE bond-buying, not decrease)


Westpac with the projection:  Westpac says the RBA might increase its QE bond-buying, not taper AUD/USD is trading down, NZD/USD along for the ride. AUD/USD back to its NY-time Monday low. While the chart below is a short-timeframe one the daily will show you the Australian dollar extending towards fresh lows for the year. 

Leave a comment