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The Australian Dollar (AUD) weakened modestly in February against the US Dollar (USD) from 0.6596 to 0.6503. Economists at MUFG Bank analyze Aussie’s outlook.
The increased prospects of a soft landing for the global economy help provide support for AUD while domestic conditions could hold up better than expected.
China and global conditions will remain important for the RBA but with major central banks starting to cut in the summer, it may be September before the RBA cuts.
If the global economy manages a softish landing, then AUD/USD prospects are good for seeing an eventual break above the 0.7000 level
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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