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Australian Dollar May Seesaw on Chinese CPI Data, US-China Risks – DailyFX
The growth-anchored AUD will be closely watching CPI data out of China – Australia’s largest trading partner – and ongoing political friction between Beijing and Washington.
Australian Dollar, AUD/USD Analysis, US-China Tension TALKING POINTS
- Australian Dollar may seesaw between Chinese CPI and political tension
- US-China political rift widening after Trump signed key executive orders
- AUD/USD retreat under key resistance could precede a broader pullback
Stocks traded mixed on Friday in what was a turbulent day. The Dow Jones and S&P 500 closed 0.17 and 0.06 percent higher, though geopolitical entanglements between the US and Chin…
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