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The Trader Guy

AUD/USD Forecast March 15, 2023

March 15, 2023
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Melbourne, Australia

Melbourne, Australia by NASA Goddard Photo and Video is licensed under CC-BY 2.0

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that Credit Suisse may struggle to find backing going forward by Saudi financiers, there are concerns about global contagion. With this in mind, it does make sense the money has been running to US bonds, and of course running away from anything to do with risk appetite. If we do in fact see a global de-risking, the Australian dollar will almost certainly be a major victim of that situation.

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