Aussie works wonders

In March, no one could believe that the AUD/USD would be 24% up over 2.5 months

Australia, unlike other countries, averted recession 12 years ago. If it doesn’t slide into a recession in 2020, it will be a miracle. The chance, however, is small. According to Bloomberg forecasts, Australia’s GDP contracted by 0.3% Q-o-Q in the January-March period. However, there is a small chance that the Australian economy will avoid recession due to the improvements in exports. Most analysts were sure that the Australian economy will face a deep downturn in the April-June period. However, a technical recession means the…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>