Fundamental oil forecast for Australian dollar for today
Mutual love is wonderful! I’d say that out of all G10 currencies, the Australian dollar has loved me the most in response to my warm feelings. I recommended buying it in March, April, May, June and July. Since then AUD/USD quotes have grown 21% and came close to a target of 0.72. It’s time to revise forecasts as the circumstances changes and many bullish drivers don’t look as bright as they used to.
Looking back from a distance of a few months, a bet on a better epidemiological situation, a shallow drawdown,…
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