AUD Winning Run Seen Ending as Top Forecasters Warn of September Seasonal Weakness

AUD Winning Run Seen Ending as Top Forecasters Warn of September Seasonal Weakness

Australia’s top currency forecasters see AUD winning run ending as seasonal September weakness builds

Key points

  • Australia’s top currency forecasters see AUD winning run ending as seasonal September weakness builds
  • AUD historically falls 1% in September on average per 5-year data, adding weight to bearish consensus
  • China August PMI and RBA policy meeting are the two key variables that could override or confirm AUD reversal

:chart_with_upwards_trend: How do you see this playing out for markets? Discuss below.


Read the full analysis on market.news

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