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zarin taslima
Jul 17, 2022
In Business Forum
Looking back on the recent performance of the Australian dollar , the Australian dollar depreciated by -5.6% in 2019, and even hit a low of 0.66 this year (2020), mainly due to the frequent occurrence of international black swan events in 2019, the poor economic performance of China and Australia, and the continuous Interest rate cuts, coupled with the recent impact of the new crown pneumonia (Wuhan pneumonia) epidemic, the ensuing events and ugly economic data have weighed on the Australian economy, and the Australian dollar is hovering at lows. However, M Square observed company banner design the recent data in Australia and found that some Australian data has reached a turning point. This article will take you to analyze the key points that should be paid attention to when the Australian dollar rebounds from the bottom. RBA's rate cut is the main reason for the weak Australian dollar As can be seen from the figure below, even if the price of iron ore rose sharply in 2019 (supply-side factors), it did not save the weak Australian dollar price. The main reason is that the poor economic data in Australia caused the central bank to cut interest rates by three yards, so M square has It was proposed last year that if you want to invest in Australian dollars now, you must pay attention to the article by the Reserve Bank of Australia . 34a4c78f-280680 Photo Credit: MacroMicro Finance M Squared Today, M Square has found Australia's worst data - the housing market has also bottomed out and rebounded, which means that the fundamentals of the Australian economy have begun to change . Continued recovery will drive the fundamentals of the Australian economy and make the central bank stop cutting interest rates. M-square unifies the key points to focus on in the future: monetary policy ( oil price , housing market ), iron ore ( new crown pneumonia epidemic ).
 Is the Australian Dollar Recovering Company Banner Design content media
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