Aussie, Yuan Face Further Downside, Rakuten Securities Says

The video discusses the impact of global trade tensions, particularly between the US and China, on the Australian dollar (Aussie) and other currencies. It highlights the Aussie as a risk proxy and its recent pressure due to technical level breaks. The discussion includes the potential for further depreciation of the Aussie and the yuan, driven by escalating trade tensions and protectionist policies. The video also explores the broader economic implications of these tensions and the potential for gradual or volatile currency movements.

In what ways could the escalation of trade tensions impact global currencies?

What role does liquidity play in the trading of the Aussie dollar?