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AUD/USD Outlook: Aussie Dips as China’s Trade Decline Sharply
China’s imports and exports plunged much faster than anticipated for July. July witnessed robust Australian business conditions. The RBA chose not to raise rates during its August policy meeting. Today’s AUD/USD outlook is bearish. The dollar surged Tuesday as traders grappled with differing growth prospects between the world’s top two economies. Notably, new data on … Continued The post AUD/USD Outlook: Aussie Dips as China’s Trade Decline Sharply appeared first on Forex Crunch...
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Posted: Aug 8 2023, 08:43
Author Name: forexcrunch
Views: 022257