AUD/USD May Fall On Lagging RBA, Risk Aversion: Top Trade Q1 2022
January 01, 2022 at 13:30 PM EST
While local bond yields duly rose, the AUD/USD exchange rate slid as much as 9.6% against the supportive backdrop in the second half of 2021. A tepid eleventh-hour recovery in the first two weeks of December trimmed that slide to just over 7%.