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Australian Dollar 2024 Outlook
The Australian Dollar struggled for much of 2024 as China's post-COVID economic recovery failed to impress, and the Reserve Bank of Australia proved a reluctant hiker regarding interest rates. But the global picture looks brighter as 2024 approaches, thanks to expectations that China's lacklustre economic performance is passing and the world economy will see a pickup in growth. This contributes to a broadly constructive stance towards the Aussie Dollar by the majority of analysts we follow. The consensus expects the Australian Dollar to rally in 2024, but analysts at one of Scandinavia's biggest banks and capital ... (full story)
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- Posted: Dec 21, 2023 10:21am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,540
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