Aussie to Gain Further from Global Reflation Theme, Limited Impact from China’s Boycott

<p>The global reflation theme of 2021 should continue to support AUDUSD. With the cash rate at the effective lower bound, RBA also extended asset purchases worth of AUD100B until mid-2021. Yet, it appears that there is little the central bank can do to curb the currency strength. Risks from trade frictions with China are limited […]</p>
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