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AUD/USD Outlook: China’s Economic Outlook Remains Bleak

Started by forex4you, Sep 02, 2022, 05:54 am

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Sep 02, 2022, 05:54 am
AUD/USD Outlook: China's Economic Outlook Remains Bleak

China's manufacturing activity shrank for a second month in August. China's economic outlook remains uncertain. Falling Chinese iron ore prices are bound to hurt the Australian dollar pushing AUD/USD lower. Today's AUD/USD outlook is bearish. The Chinese manufacturing activity numbers, which were issued Wednesday morning and showed that it shrank for a second month in … Continued


The post AUD/USD Outlook: China's Economic Outlook Remains Bleak appeared first on Forex Crunch.


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