In our most recent Australian Dollar outlook, we highlighted how AUDUSD in particular is exposed to downside risks stemming from the US China trade war. Despite the Reserve Bank of Australia (RBA) providing language slightly more hawkish than was expected, Governor Philip Lowe still reiterated the central bank’s willingness to ease monetary policy further if needed. That said, Thursday’s release of China trade balance data could provide Australian Dollar bears with another bit of evidence that the RBA will likely need to cut rates again in the near future. The Australian economy is closely tied to China with ... (full story)