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Former RBA board member Edwards says AUD/USD headed towards 0.80 - means ongoing RBA bond buying

Former RBA board member Edwards says AUD/USD headed towards 0.80 - means ongoing RBA bond buying

Central Banks
Eamonn Sheridan
30/03/2021 | 00:11 GMT

Edwards spoke in an interview with Bloomberg

  • "I think we are heading towards 80 U.S. cents"
  • "It'll be awkward for us if it goes much over 80 U.S. cents and that means that the RBA has got to stay in the bond-buying business for quite a while."

There is more at the link to the Bloomberg piece (may be gated) which came out overnight ICYMI

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