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Market Impact: 0.25

Australian Dollar’s Top Forecasters Say Winning Run Likely Over

Source: Bloomberg

Interest Rates & YieldsMonetary PolicyCurrency & FXMarket Technicals & Flows

Forecasters warn the AUD’s two-month rally may be near its peak as positioning for another central bank interest-rate hike looks overstretched. The article suggests upside momentum is at risk if rate-hike expectations are scaled back, keeping near-term sentiment cautiously negative for the currency.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

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