Aussie Fears Trade Duties. Forecast as of 04.12.2024

The slower reduction of the RBA rate compared to the Fed allows AUDUSD bulls to dominate the market. Nevertheless, Canberra's sluggishness has been well-known. However, Washington may act in a surprising way. Let us consider the potential outcomes and develop a trading plan.Major Takeaways The slowing economy forces the RBA to cut rates. US trade duties threaten to slow Australia's GDP further. The aussie cannot take advantage of the monetary policy pace. The AUDUSD pair continues to plummet tow