Will AUD/USD grow to 0.74 in 2020?
he AUD/USD bulls’ euphoria about the fact that the US didn’t impose new tariffs on the Chinese imports on Dec. 15 and the sides are close to signing the phase one trade deal hasn’t lasted for a long time. The pair hit the highest level over the past 5.5 months, however, the uncertainty around the key points of the trade deal and the release of the RBA meeting’s minutes pressed the pair down into a correction. The Reserve Bank of Australia is willing to further cut its benchmark rate in it is necessary. It might…
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