The People’s Bank of China announced more measures to support its fragile economy. Consumer sentiment in Australia dropped in January. Traders eagerly await the US PPI report. The AUD/USD outlook indicates continued optimism about China’s efforts to support its weak economy, which has boosted the Aussie. Meanwhile, Australia’s decline in consumer sentiment could pressure the…
The post AUD/USD Outlook: Aussie Rides High on China’s Stimulus Efforts appeared first on Forex Crunch.
Read Full Story
- EUR/USD Outlook: Trump’s Attacks on Powell Weigh on Dollar - April 22, 2025
- GBP/USD Price Analysis: More Upside as Greenback Falters - April 22, 2025
- EUR/USD Outlook: Dollar Takes a Hit as White House Targets Fed - April 21, 2025