Three reasons to short the Australian dollar
Bloomberg writes about three reasons to short the Australian dollar.
It's collateral damage in the US-China trade war and vulnerable to broad trade worries
Iron ore prices are up 6% this year but recently faded at the 200-day moving average so they say the technicals are bearish
The RBA on the sidelines and expected to stay there
Today we hear from the RBA's low and get Chinese trade balance data. On Friday, the RBA releases its latest Statement on Monetary Policy.