The Australian Dollar may extend its gains versus the Japanese Yen ahead of the release of Australian GDP data. Sentiment may also help push APAC stocks higher despite geopolitical strains.
Due to the financial meltdown in response to Covid-19, a liquidity crunch forced inflows into the US Dollar, providing a short-term boost to price action.
<p>Moody's rating agency has downgraded its GDP forecast for China next year:</p><ul><li>the 2023 forecast remains at 5%</li><li>2024 cut to 4% from 4.5% the f
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