AUD/USD: Upside risks for the Aussie in the coming months are predominant

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AUD/USD: Upside risks for the Aussie in the coming months are predominant
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Since mid-July, AUD/USD has weakened significantly. Economists at Commerzbank analyze the pair’s outlook. The main focus of the RBA is inflation The d

The data currently paints a picture of a fairly resilient economy that is still surprisingly able to withstand interest rate increases. Ultimately, the still-strong economic indicators suggest that the risks to the RBA's monetary policy are tilted towards a tighter stance.

However, it is likely to focus on ‘higher for longer’ for now – supported by the strong economy. In our view, this should support the Aussie in the coming months.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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