AUD/USD is at risk of a big selloff amid weakening Australia's data, more hawkish Fed
AUD/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 0.7000 |
Westpac | Bullish | 0.7200 |
UOB | Bullish | 0.7075 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar came under a little bit of pressure yesterday following claims from Al-Arabiya that a US-Iran draft agreement has been reached. It was expected to be announced in a few hours, yet here we are with still nothing concrete from either side and