How US, China Covid-19 recovery policies threaten the Australian dollar


Source: scmp.com scmp.com

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When tectonic plates move, tremors can be felt in the most unlikely of places. With China and the United States, the world’s two largest economies, now crafting tailored but contrasting fiscal and monetary policy responses in their respective exits from the Covid-19 pandemic , tremors will be felt in the foreign exchange markets. Some currencies will be shaken, and one that might prove vulnerable is the Australian dollar. The end of the pandemic does not mean the end of this coronavirus. Covid-19 will still be with us, and society will have to adapt to live with it . The pandemic...