Aussie is swimming against the tide. Forecast as of 25.01.2022

US stock market correction and the associated decline in the global risk appetite press down the Australian dollar. Is it a long-term trend? Let’s discuss this topic and make up a trading plan for the AUDNZD and AUDUSD.

Weekly Australian dollar fundamental forecast

No matter how strong you are, swimming against the tide will send you back. The Australian dollar was not supported by a strong report on Australia’s inflation and continued falling against the US dollar amid high volatility in financial markets ahead of the FOMC January meeting. When the risk appetite is down, high yields on local bonds will… Read full author’s opinion and review in blog of #LiteForex