AUDUSD Macro Update: Shorts up +4.00% since 1 Jan
Traders & Investors!
Our AUD shorts are running smoothly as predicted following
The Australian Dollar continues to see deterioration in the local currency as it experiences pressure from easing monetary stimulus and the prospect of future QE. We anticipate flow on effects including slowing growth and consumer spending subsequent to the bushfire crisis. Additionally, we see bearish sentiment and reduced trade/demand flowing from China as a result of the Coronavirus outbreak.
Our last update
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We look forward to continuing to provide market leading analysis to traders & investors alike across the TradingView platform.
Like, subscribe and leave your comments below!
Until next time,
Portier Capital
Macro Strategy & Portfolio Management
Our AUD shorts are running smoothly as predicted following
The Australian Dollar continues to see deterioration in the local currency as it experiences pressure from easing monetary stimulus and the prospect of future QE. We anticipate flow on effects including slowing growth and consumer spending subsequent to the bushfire crisis. Additionally, we see bearish sentiment and reduced trade/demand flowing from China as a result of the Coronavirus outbreak.
Our last update
-------------------------
We look forward to continuing to provide market leading analysis to traders & investors alike across the TradingView platform.
Like, subscribe and leave your comments below!
Until next time,
Portier Capital
Macro Strategy & Portfolio Management