# AUD trading like an Emerging Market currency - AmpGFX — Octa

> Amplifying Global FX analyst Greg Gibbs says the Aussie has been hit alongside Asian emerging markets by US tariffs on China and is acting as a proxy for Chinese risk. Rising Australian bank funding costs are also pressuring the currency.

- Date: 2018-06-20 · published 2018-06-20T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/64779-aud-trading-like-an-emerging-market-currency-ampgfx-octa
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Tighter credit conditions and China-linked risk weigh on Australian growth and currency, which affects Australian commodity export pricing and demand expectations.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/581977/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.