AUD/USD: Sideways Trend Expected According to UOB
The Australian Dollar (AUD) is anticipated to trade within a steady range of 0.6400 to 0.6450 against the US Dollar (USD). Analysts from UOB Group, Quek Ser Leang and Peter Chia, convey a mixed longer-term outlook. They predict that the AUD may fluctuate between 0.6370 and 0.6480 in the upcoming sessions. Traders should keep a close watch on market developments that could influence these dynamics.