With US inflation pushing up bond yields, real rates, as well as what appears to be a more hawkish US Fed how should investors & traders play the USD/AUD
Our Macro Models point to real reate differentials being negative between the US & Australia yet the AUD has been resiliient
Negative real rate differentials coupled with Australia's accumulation of debt will...
After AUDUSD break the downtrend line, and retest the trendline, we confirmed that now we are in a long ride. Maybe we can get another 10 pips up, just to touch the daily resistance, then we will hace a retracement between 0.7600/0.7580. After that, we spect to go up again and hold the uptrend.
