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
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Source:: FX Street