Goldman: AUD Is Doomed; To Fall To 0.80 On Pure Macro Fundamentals

The recent break below parity of AUD/USD is getting most of the market’s attention. In part, the AUD weakness reflects the dovish tone of the RBA, but the bigger driver is likely to be the rise in US rates, on the back of the recent batch of better US data, which has generated a USD rally acros…

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Goldman: AUD Is Doomed; To Fall To 0.80 On Pure Macro Fundamentals

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