If the US won’t raise the tariffs on Dec. 15, its major weapons, the AUD/USD may rise
If the US won’t raise the tariffs on Dec. 15, its major weapons, the AUD/USD may rise
Along with the Swedish krona, the Norwegian krone, the euro, and the New Zealand dollar, the Australian dollar is one of the major outsiders in 2019. The US-China trade war, a slowdown of the Chinese economy, Australia’s main trade partner, and the RBA monetary easing cycle have pressed the AUD/USD down by almost 4% since the beginning of the year. Although Bloomberg experts do not expect…
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