AUD seen lower as market aggressively pricing in an RBA hike – Deutsche Bank

Analysts at Deutsche Bank are out with their view on the RBA rate hike prospects and the resultant impact on the Aussie dollar.

Key Quotes:

“Given a subdued macro backdrop, we think the market is too aggressive in mostly pricing an RBA hike over the next year.

AUD downside seems most likely, especially vs EUR and JPY.”