AUD/USD Price Analysis: China’s Currency Adjustment Lifts Aussie

<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage wp-post-image" alt="my AUD/USD price analysis forecast" decoding="async" style="margin-bottom: 15px;" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-300×156.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-150×78.png 150w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min.png 1486w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>China’s upward guidance of the yuan contributed to a weaker dollar. The Central Bank of China set the midpoint of the yuan’s trading band at its strongest level since Aug. 7. Investors have even begun pricing in rate cuts as early as March. In the realm of AUD/USD price analysis, Tuesday witnessed a commendable surge…</p>
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