By guest contributor Stuart Talman, Director of Australian Sales, XE.com.
Now sitting around 13% off January’s calendar year highs and at its lowest level since MAR. 2016 – the past week’s Aussie dollar price action and further deterioration in the macro backdrop dictate that 70 US cents will likely give way in the coming weeks…….or perhaps in the next few days. The Aussie dollar will continue to remain under intense pressure as the trade war intensifies and emerging market...