China is the world's biggest commodity consumer and its economy is slowing which is bearish for all China-correlated currencies such as the AUD, NZD, and ZAR.
In recent articles we have looked at the slow up in the Chinese economy and why it will continue. China is the world's biggest commodity consumer and countries that rely heavily on exports to China are likely to decline on the USD. We have a slowing global economy and the USD will do well in this scenario...
AUD/USD
NZD/USD
USD/ZAR