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AUD: Tailwinds for the currency, not a case for RBA rate cuts – Goldman Sachs

In an interview with Bloomberg TV, Zach Pandl, Co-head of Global Foreign Exchange and Emerging Market Strategy at Goldman Sachs, offered a detailed take on the Australian dollar while touching upon a number of currencies.

Key Points:

“Pessimism overdone, external environment improving.

Tailwinds for the currency.

Not a case for RBA rate cuts.”

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