RBS: AUD / USD will continue to rise

According to analysts of Royal Bank of Scotland, Australian dollar could rise against the backdrop of the stability of the situation on stock markets and reduce volatility. The bank believes that increasing the returns differentials, coupled with stability in global stock markets and the decline in volatility and credit spreads will lead to an increased demand for high-yield assets, and thus a possible increase in the Australian dollar to a new annual peak. RBS analysts believe that the Australian dollar will continue to strengthen the level above 0.80, and the actions of the Reserve Bank of Australia, only a slow rate of growth in the short term. A pair AUD / USD now trading at 0.8123.