RSS Aussie Takes Nosedive to Multi-Month Lows. Forecast as of 08.01.2025

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 RSS Aussie Takes Nosedive to Multi-Month Lows. Forecast as of 08.01.2025

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Bearish drivers that triggered a decline of over 9% in the AUDUSD pair in 2024 continue to exert increasing downward pressure, contributing to a sustained downtrend. Let's discuss this topic and make a trading plan. Major Takeaways The aussie lost over 9% of its value in 2024. The start of the RBA's monetary expansion cycle is approaching. Trade wars will not allow the Australian currency to recover. The AUDUSD pair may slip below 0.6. Weekly Fundamental Forecast for Australian Dollar Deteriorating global risk appetite, growing fears of a US trade war with China, and the approaching start of the Reserve... Read full author’s opinion and review in blog of #LiteFinance
 
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