AUD/USD: Positive AUD theme despite fading risk – BNY

AUD/USD: Positive AUD theme despite fading risk – BNY

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BNY’s Head of Markets Macro Strategy Bob Savage flags AUD/USD as another Dollar-positive rebalancing candidate. While AUD has seen mostly net buying since late January, inflows have been light and positioning less stretched than in other carry or hard-asset currencies…
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