Aussie: Hope dies last. Forecast as of 22.08.2023

The AUDUSD has dropped dramatically and will hardly recover soon. However, the AUD bulls might have a chance. Let us discuss the Forex outlook and make up an AUDUSD trading plan.

Monthly Australian dollar fundamental analysis

The Australian dollar is perhaps the biggest disappointment of 2023 in the Forex market. It started off successfully thanks to hopes for a rapid Chinese economic recovery after the pandemic; it used to be the G10 best performer for some time but turned into a clear outsider in the third quarter. The Chinese economic recovery doesn’t proceed fast, and the yuan and its proxy currencies… Read full author’s opinion and review in blog of #LiteFinance