wrapper

AUD/USD was hit hard alongside stocks as Trump’s new suggested tariffs rocked markets quite hard. After the US had already detailed tariffs on $50B worth of goods on China and the latter announced it would retaliate, the Administration is considering additional duties on no less than $200 billion worth. The news rattled markets and triggered a sharp risk-off atmosphere, sending the Aussie to the lowest levels in over a year. Given China is one of the largest trade partner of Australia, and a major importer of commodities from Australia – the trade war weighed on AUD/USD.

During the week we expect the anxiety to continue, heavily driven by US fundamentals.

There are no major events related to AUD/USD on 25th June.

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.