Australian Dollar: Carry appeal boosted by RBA stance – MUFG
MUFG analysts highlight that the Australian Dollar has outperformed since the Middle East conflict, supported by higher energy prices and a hawkish Reserve Bank of Australia.
The Australian Dollar is likely to strengthen further due to its carry appeal and the supportive stance of the RBA. Higher energy prices may continue to bolster its performance against other currencies.
MUFG analysts highlight that the Australian Dollar has outperformed since the Middle East conflict, supported by higher energy prices and a hawkish Reserve Bank of Australia.
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