Bumaba ang Australian Dollar laban sa USD kasunod ng default na pag-aari ng China
Pananalapi Bumaba ang Australian Dollar laban sa USD kasunod ng default na pag-aari ng China 4 minuto ang nakalipas Balita ng Ethereum ng Bitcoin The Australian Dollar (AUD) has experienced a decline against the US Dollar (USD) as it weakened during the Asian trading session due to concerns about a potential credit squeeze in China‘s real estate industry. These worries were sparked by the default of a private property developer, Country Garden’s debt. Adding to the strain on the Australian Dollar, it faced increased challenges after unveiling US factory gate inflation figures for July, which surpassed expectations. The disclosure of this data, specifically the Producer Price Index (PPI), heightens the likelihood of another interest rate hike by the Federal Reserve (Fed). As a result, the US Dollar is poised to gain strength. Australian Dollar declines after Thursdays gain After experiencing substantial gains on Thursday due to favorable market sentiment and a weakened US Dollar caused by the release of below-anticipated US inflation data in July, the Australian Dollar reverses these gains. The shift to a downward trajectory for the Australian Dollar could partly be attributed to fresh concerns about Chinas economy. During the Asian trading session on Friday, unsettling news emerged regarding the default of debt by Chinese








