Aussie May Continue to Tumble. Forecast as of 31.07.2024

The AUDUSD pair is facing challenges not only from developments in China and the US but also from Australia. The deceleration in inflationary pressure may cancel the RBA's next cash rate hike. What impact will this have on the Australian dollar? Let's discuss these topics and make a trading plan.Highlights and key points Slowing inflation in Australia deprives the AUDUSD pair of its advantages. China's economy is experiencing a downturn. Deteriorating global risk appetite is weighing o