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Daily outlook for AUD/USD: Westpac Research

Quotes from Westpac Research:- AUD/USD 1 day: Probably quiet ahead of the Yellen testimony, in a 0.7780-0.7850 range.- AUD/USD 1-3 month: Falling AU interest rates and commodity prices, and a strong US dollar, should con…

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Quotes from Westpac Research:

- AUD/USD 1 day: Probably quiet ahead of the Yellen testimony, in a 0.7780-0.7850 range.

- 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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