AustraliaDaily Briefs

Daily Brief Australia: AUD and more

In today’s briefing:

  • Part Three: Australian Dollar and AGB Yields


Part Three: Australian Dollar and AGB Yields

By Untying The Gordian Knot

  • The Aussie Dollar is acting as a delta one to the Chinese Economic data, as the People’s Bank of China (PBOC) remains committed to maintaining the stability of the CNY.
  • The AUDJPY has formed an intermediate double-top pattern.
  • While it is likely to rebound, it could also be influenced by the difference in export growth between ROW with China and Japan.

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