Lacklustre Chinese Growth Complicates the Aussie Dollar Outlook
Disappointing Chinese growth in 2023 adds to complications for the ‘high beta’ Australian dollar at a time of geopolitical uncertainty and strangely stubborn inflation
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Disappointing Chinese growth in 2023 adds to complications for the ‘high beta’ Australian dollar at a time of geopolitical uncertainty and strangely stubborn inflation
The US Dollar climbed last week but was unable to resume the uptrend. Still, the broader technical posture remains cautiously bullish, with a rectangle chart pattern brewing.
ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION August 3, 2021 | US Markets Statll Near End of July as Global Markets Retreat – Are We Ready for an August Surprise? Chris Vermeulen Chris Vermeulen has been involved in the markets since 1997 and is the founder of TheTechnicalTraders.com. He is an internationally recognized technical analyst, trader, and author of the book: Technical Trading Mastery. Chris has developed trading strategies that incorporate technical analysis, position-sizing, and risk management to boost performance while reducing portfolio r...
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