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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
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
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