The Australian Dollar could shoot higher on Tuesday on a non-negligible chance the Reserve Bank of Australia (RBA) defies expectations to hold interest rates unchanged.
GBPAUD could tap 2.0 in the week ahead, but this will require a dovish Reserve Bank of Australia (RBA) decision and some above-consensus UK data.
Australian Dollar to Struggle Says ING
- Category: AUD
Analysts at ING expect the Australian Dollar will struggle through the middle part of the year.
The Australian Dollar is tipped to extend a recent advance against the Euro and British Pound by a trader on JP Morgan's dealing desk.