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AUD: It’s not over yet - ANZ

Analysts at ANZ have raised their forecast for the AUD, and now expect that it will rise as high as USD0.83 by the middle of next year.

Key Quotes

“The RBA is now expected to join the global tightening cycle, while global growth is stronger and broader than we have seen for some time.”

“We are not however getting carried away over a longer time horizon, risk appetite will once again come to dominate markets as tighter liquidity starts to bite. This will be outright negative for the AUD. This is a period in which to remain nimble.”

Fed: December hike likely due to low unemployment rate – Danske Bank

Analysts at Danske Bank suggest that most Fed members putting more weight on labour market data relatively to inflation data is the main reason why th
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Fed: QT set to begin in October but no balance sheet level target yet – Danske Bank

Analysts at Danske Bank suggests that in the latest FOMC meet, on the balance sheet, most was in line with expectations: This means that caps for Trea
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