Even though market tensions from the proposed US trade tariffs have subsided somewhat, it’s pretty clear that the Aussie dollar will be one of the currencies hardest hit if the tariffs escalate again and hit China and other Asian importers. In addition, the RBA has walked back on its perceived hawkish interest rate bias recently and makes clear reference to a stronger currency being a “headwind” to domestic growth and exports. These fundamental aspects of the AUD/USD pricing are important to follow and will influence longer-term flows. However, over the course of the last year, the AUD/USD has had a distinctive ... (full story)