Chart of the Week: Australian dollar set to rise?

Last year, we argued that Australia had several aces up its sleeve helping it to avoid recession despite the downturn in its largest trading partner — China. We were right. Now, China appears to be throwing in the towel on rebalancing and doubling down in a bid to kick-start growth. Refresh the chart in your browser | Edit chart in Datastream Last week, after keeping policy on hold for a year, the Reserve Bank of Australia (RBA) cut the cash rate by 25 basis points to an all-time low of 1.75%. That decision came less than a week after data
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Charts & TablesMacro Insight
May 9, 2016
posted by Fathom Consulting