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Daily outlook for AUD/USD: Westpac

Tuesday, March 3, 2015 8:31 PM UTC

Quotes from Westpac Research:

- AUD/USD 1 day: Yesterday's RBA surprise puts AUD in a neutral 0.7750-0.7850 range ahead of GDP, ensuing direction then dependant on the direction of any surprise.

- AUD/USD 1-3 month: Falling AU interest rates and commodity prices, and a strong US dollar, should continue to weigh on the AUD during the next few months. The next major downside target is 0.7500.

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Daily outlook for AUD/USD: Westpac

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