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Forex Flash: AUD/USD likely to see retest of Friday's 1.0599 - NAB

By FXstreet.com,  January 14, 2013, 07:13:00 PM EDT

FXstreet.com (Barcelona) - After Bernanke failed to offer any clues over the possibility of an end to QE, NAB strategists continue to support the idea of the Fed's easing practices being events separated by years not months. NAB: "Look for the USD to soften, in turn implying risk that AUD/USD has a retest of last Friday's 1.0599 at some point on Tuesday."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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