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AUD: No reason to buy other than valuation; GBP should keep its bid – SocGen

AUD: No reason to buy other than valuation; GBP should keep its bid – SocGen

SocGen strategy thoughts on AUD, GBP and CAD
Societe Generale Research discusses its bias on AUD and GBP in the near-term.

“Our Chinese economics team reckons
the Chinese slowdown will prompt rate cuts, which is tangible, but when
will it weaken the yuan – which appears glued into a narrow range? Even
without that, however, SocGen notes.

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Date: September 16, 2021, 02:08