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club Felene

AUD/USD Forecast: Aussie Tumbles Following Weaker Yuan

by Forex Crunch
December 11, 2024
in Forex Analysis
Reading Time: 1 min read

Authorities in China are considering a weaker currency. Chinese exports slowed in November. Market participants eagerly await the US inflation report. The AUD/USD forecast suggests further weakness for the Aussie after reports that China is considering a weaker Yuan in its efforts to boost economic growth. At the same time, the Reserve Bank of Australia…
The post AUD/USD Forecast: Aussie Tumbles Following Weaker Yuan appeared first on Forex Crunch.
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