• Staying structurally bullish australian dollar - Citi

Market news

18 March 2021

Staying structurally bullish australian dollar - Citi

eFXdata reports that Citi discusses australian dollar (AUD) prospects.

"Australian jobs data for February beat market expectations with the number employed increasing by 88.7k in February (vs 30k estimated) with full-time employment as the main driver, accelerating further from a 29.5k job gain in January. We remain bullish AUD from a structural perspective and expect further appreciation following the dovish Fed overnight, which could asymmetrically boost commodity currencies," Citi adds

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