AUDUSD’s uptrend was fueled by investors’ optimism about a Santa Claus rally on the US stock markets and the belief that the RBA would keep its rate-hiking cycle going. But the Bank of Japan destroyed everything. Let’s talk about the Forex outlook and create a trading strategy.
Weekly fundamental analysis in Australian dollars
Are high rates a belief that the markets don’t share? Or the end or the contradiction of domestic data regarding the monetary tightening cycles. Many unknown moments surround the AUDUSD. The pair will not react to global changes in risk appetite unless investors identify the trend drivers. Amid… Read full author’s opinion and review in blog of #LiteFinance