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AUD/USD Outlook: China’s Policy Support Boosts Australian Dollar

AUD/USD Outlook: China’s Policy Support Boosts Australian Dollar
China’s top leaders committed to providing increased policy support for their struggling economy. China experienced sluggish growth in Q2 due to weakened demand. Investors are expecting a 25bps Fed rate hike this week. Today’s AUD/USD outlook is bullish. On Tuesday, the Australian dollar strengthened as China’s top leaders committed to providing increased policy support for … Continued The post AUD/USD Outlook: China’s Policy Support Boosts Australian Dollar appeared first on Forex Crunch... Read More
Posted: Jul 25 2023, 08:22
Author Name: forexcrunch
Views: 102219

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