Sheng Bao Bank: Central Bank policy differentiation is key to the Australian dollar

June 25th, Jinshi data, Shengbao Bank's foreign exchange strategy director Charu Chanana said that the differentiation of central bank policies is still a key theme in the foreign exchange market, which may make currency pairs such as AUD/CAD or AUD/CHF interesting, as the Australian dollar still has upward space against the dovish central bank. She added that AUD/JPY has also broken record highs, and AUD/NZD may need to break the 50-day moving average of 1.0883 to make the upward trend the focus again. The main risks facing the Australian dollar this week come from the US presidential debate turning to support Trump and US tariff policies.

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