- Analytics
- News and Tools
- Market News
- AUD/USD: This week constitutes a unique window to try and recapture levels closer to 0.66 – SocGen
AUD/USD: This week constitutes a unique window to try and recapture levels closer to 0.66 – SocGen
AUD/USD squeezes through 0.65. Economists at Société Générale analyze the pair’s outlook.
Bulls count on RBA hike
This week perhaps constitutes a unique window for the AUD to try and recapture levels closer to 0.66 after the frustration endured over the past month and much of the past year.
A break of the late August high of 0.6522 could send AUD/USD on a path towards 0.66, perhaps 0.67.
The RBA must deliver 25 bps on Tuesday and risk sentiment cannot falter.
The narrowing of the Aussie trade surplus and weak PMIs for October are a warning sign not to get too carried away.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
