AUD could have last laugh
For the Aussie, MUFG currency analyst Lee Hardman said in a note that while the expectations are that the RBA is close to or has ended its rate-rise cycle, negative for AUD, ´´it's partially offset by bets other G10 central banks are at similar points.´´He argues that ´´the AUD also remains driven more by the outlook for global growth, particularly for China's economy. Stronger growth in China as its economy continues to fully reopen this year supports our forecast for
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