AUD: Tailwinds for the currency, not a case for RBA rate cuts – Goldman Sachs

Dhwani Mehta FXStreet

In an interview with Bloomberg TV, Zach Pandl, Co-head of Global Foreign Exchange and Emerging Market Strategy at Goldman Sachs, offered a detailed take on the Australian dollar while touching upon a number of currencies.

Key Points:

“Pessimism overdone, external environment improving.

Tailwinds for the currency.

Not a case for RBA rate cuts.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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