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Westpac cuts AUD/USD year-end forecast to 0.66 from 0.70

By FXStreet FXStreet (Bali) – Westpac cuts AUD/USD year-end forecast to 0.66 from 0.70, with Westpac chief economist Bill Evans noting that “doesn’t expect confidence “vibe” around AUD to improve for remainder of this year.”

Additional headlines – Bloomberg

Negative market perceptions around China and Australia’s trade exposure to China are likely to persist

Sees EM woes continuing

Financial markets remaining volatile
For more information, read our latest forex news. …read more

Source:: FX Street

      

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