Aussie dollar, another inflation expectation proxy, falling through the support trend just as the macro is pointing to deflationary risks returning to the forefront.
AUD/USD has exploded higher since late March. Downside risk in Aussie dollar is heavy right now. Especially with Beijing seeing rising cases as well...
AUD/USD has exploded higher since late March. Downside risk in Aussie dollar is heavy right now. Especially with Beijing seeing rising cases as well...