Last Updated：2022/12/24
To the extent that Chinese growth remains strong with firm demand for resources from such economies as Australia (and the CARBS nations generally) [2] then this will translate into more risk on behavior where it has been shown that AUD/JPY is the best proxy for risk on in the realm of foreign exchange.
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To
the
extent
that
Chinese
growth
remains
strong
with
firm
demand
for
resources
from
such
economies
as
Australia
(and
the
CARBS
nations
generally)
[2]
then
this
will
translate
into
more
risk
on
behavior
where
it
has
been
shown
that
AUD/JPY
is
the
best
proxy
for
risk
on
in
the
realm
of
foreign
exchange.
