Flash: AUD/USD petering out? - OCBC

FXstreet.com (London) - Emmanuel Ng, strategists at OCBC, commented on the AUD/USD unit.

Key Quotes:

“AUD/USD Expect the pair to peter out at the 0.9000 ceiling if the global macro/equity backdrop remains soggy and risks towards the 0.8900 neighborhood may remain apparent in the near term”.