Aussie Sinks ahead of CPI as China Stimulus Optimism Fades
Aussie fell broadly today as pressured by a combination of factor. A significant contributor is the strengthening greenback, supported by expectations of slower-than-anticipated Fed easing cycle and rising yields driven by US presidential election considerations. Another factor weighing on Aussie is the waning enthusiasm for China’s stimulus measures, mirrored in sluggish performance in Chinese and […] The post Aussie Sinks ahead of CPI as China Stimulus Optimism Fades appeared first on Action Forex.
theinvestingforex 
Aussie fell broadly today as pressured by a combination of factor. A significant contributor is the strengthening greenback, supported by expectations of slower-than-anticipated Fed easing cycle and rising yields driven by US presidential election considerations. Another factor weighing on Aussie is the waning enthusiasm for China’s stimulus measures, mirrored in sluggish performance in Chinese and […]
The post Aussie Sinks ahead of CPI as China Stimulus Optimism Fades appeared first on Action Forex.
