Vulnerable Aussie – Chinese stocks and the Reserve Bank of Australia

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Quotable

“And what would you do, ... if you could rule the world for a day? I suppose I would have no choice but to abolish reality.”

        ― Robert Musil, The Man Without Qualities Vol. 1

Commentary & Analysis

Vulnerable Aussie – Chinese stocks and the Reserve Bank of Australia

 The Australian dollar has fallen a long way from its high against the US dollar.  And from a technical perspective may have done enough; at least it may be poised to “correct” higher in the near- to medium-term.  But an examination of the fundamental factors suggests there could be more room to fall—maybe a lot more room. 

Two considerations come to mind:

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