The Aussie comes out of the shadows. Forecast as of 14.07.2023

The global risk appetite improvement, the yuan's consolidation, and nearing the end of the Fed's monetary tightening create a favorable environment for the AUDUSD and make us wonder: can the bear trend already be broken? Let’s discuss it and make a trading plan.

Monthly fundamental forecast for the Australian dollar

Small and medium economies have to develop in the giants' shadow. However happy the AUDUSD bulls may feel about strong labor stats in Australia or an unexpected cash rate hike by the RBA, the downtrend still was broken only when the US and Chinese economies had seen some structural changes. The… Read full author’s opinion and review in blog of #LiteFinance