• Context:
• RBA: Has allowed pauses in rate hikes due to global economic slowdown and dependence on China.
• External Factors: Demand for commodities, developments in commodity markets, Chinese data.
• Possible Direction:
• Bias: Slightly bearish on AUD against the USD if the Fed remains hawkish and global growth doesn’t pick up.
• Catalysts: Chinese data (PMI, resource demand), RBA reports.
• RBA: Has allowed pauses in rate hikes due to global economic slowdown and dependence on China.
• External Factors: Demand for commodities, developments in commodity markets, Chinese data.
• Possible Direction:
• Bias: Slightly bearish on AUD against the USD if the Fed remains hawkish and global growth doesn’t pick up.
• Catalysts: Chinese data (PMI, resource demand), RBA reports.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.