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AUD/USD regains 0.9150

FXstreet.com (Edinburgh) – Sellers seem to be giving some respite to the AUD now, as the AUD/USD managed to bounce off lows near 0.9120 and retake the area around the mid 0.91s.

AUD/USD bearish outlook prevails

The pair remains well into the negative territory on Monday, framed within the more ample correction lower from October’s tops around 0.9760. the offered tone has increased since RBA Governor G.Stevens did not rule out the likeliness of interventions to weaken the Aussie dollar. According to Jane Foley, Chief Strategist at Rabobank, “desperate times require desperate measures and the RBA is currently sandwiched between the …read more