AUD/USD at mid-80s is much more problematic than where it is now – Goldman Sachs

Dhwani Mehta FXStreet

Comments crossed the wires earlier on the day from Goldman Sachs Australia chief economist Andrew Boak, as took an interview with the Australian Financial Review (AFR).

Key Points:

RBA would, similar to other CBs, like a lower currency, but not concerned on AUD where it is now: "It's been a long time since they've signalled concern about it"

" ... is probably 3¢ above its average of the past few years."

"I would have thought mid-80s is much more problematic than where it is at the moment"

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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