Free Trial

NAB Fair Value Model For AUD/USD Now Centred On $0.80

AUD

NAB note that "as well as the break above the YTD high (in AUD/USD) exciting technically based traders, the seemingly unrelenting strength of commodity prices is doubtless a factor and which in recent days has served to push our medium term fair value estimate for AUD/USD up to $0.80."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.