Technical Analysis

AUD traders note – “Australian supply chains are facing chaos”

This is an interesting piece on what might be a hiccup for inflation in Australia. That is, if supply is constrained prices will rise. And that’ll be something for the Reserve Bank of Australia to ponder.

AUD has been shoved around by Federal Reserve developments, maybe this local factor will play into AUD valuation going forward, or will be swamped by the ongoing global (i.e. Fed) developments. Its hard to see a potential supply chain crisis as not impacting. Dunno.

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