Westpac AUD fair value model midpoint to a 6 week high

Cite the key driver a 6% rise in Australia's export weighted commodity price index in the past 3 weeks, and also

  • shift in RBA pricing
  • improved risk sentiment

AUD/USD would have to be above 0.7050 to be expensive says the report

Westpac AUD fair value model midpoint to a 6 week high