Australian Dollar: Fiscal loosening and contained wages – TD Securities
TD Securities’ Global Strategy Team says Australia’s 2026/27 Budget is slightly stimulatory, with looser fiscal policy and more upbeat Treasury forecasts than the RBA.
The Australian Dollar may experience upward pressure due to the stimulatory fiscal policy and positive Treasury forecasts. Traders may react positively, leading to a potential appreciation of the AUD.
TD Securities’ Global Strategy Team says Australia’s 2026/27 Budget is slightly stimulatory, with looser fiscal policy and more upbeat Treasury forecasts than the RBA.
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