AUD/USD remains overvalued: Where to target? - Barclays - ConsultFX

AUD/USD remains overvalued: Where to target? - Barclays

Barclays on AUD/USD Barclays Capital FX Strategy Research discusses AUD outlook expecting  a modest down pressure to persist into year end targeting 0.77 and en-route to 0.76 by Q1 of 2018. "The AUD remains overvalued, and its carry advantage over the USD is likely to continue to narrow, with the US still leading in monetary tightening into H2 18, Copyright 2015 Forexlive.com