Mixed Outlook for the Australian Dollar as China's Growth Concerns Clash with Resurgent Aussie Price Pressures
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#c0f71ab7 ver:0.94

The Australian Dollar (AUD) faces a mixed outlook as China's growth concerns clash with resurgent Aussie price pressures. The AUD strengthened against the USD due to unexpected US inflation reduction, creating policy divergence with the RBA. The RBA is delaying rate cuts and may hike rates in the future. Factors driving the AUD include interest rates, iron ore prices, Chinese economy, inflation, growth rate, and trade balance. The AUD/USD pair may continue to rise. However, uncertainties in the global economy and interest rate differentials may limit significant changes. #AUD #USD #RBA #inflation #China #economy...

#newstr #AudToUsdForecast #AustralianDollar #ChinaManufacturingPmi #LaborMarket #Inflation #RbaRateHike #UsIsmManufacturingPmi 

 https://here.news/story/c0f71ab7?ver=0.94