View full page at forexfactory.com

 

"Bullish Vibes" for Australian Dollar in 2021: Soc Gen

From poundsterlinglive.com

The Australian Dollar is being topped to benefit from "bullish vibes from faster Asian recovery" in 2021 at Société Générale. The France-based based lender and investment bank join peers in a consensus view that the global economy will stage a strong recovery in 2021, benefiting those financial assets that appreciate during times of improved investment sentiment. The Australian Dollar has long enjoyed a positive correlation with investor sentiment, tending to rise when global stock markets and commodity prices are in the ascendency. In particular, Australia's Asia-orientated skew should lead to out ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis