Morgan Stanley like the AUD, cite RBA dovishness diminishing
Via a Bloomberg report on comments from Hans Redeker, global head of currency strategy at Morgan Stanley
RBA to reduce its dovishness as the housing market recovers
- "When they see the housing market getting stronger again, they have to move away from this intention to cut rates"
- "I think that will be good enough to have the Australian dollar being supported"
Just not today: