Ray Attrill

Ray Attrill

Head of FX Strategy

“Ray has 30 years experience as an economist and market strategist, obtained in roles working in London, Sydney and New York.”

Ray Attrill is Head of FX Strategy within the Fixed income, Currencies and Commodities division of National Australia Bank.

In this role, he advises the bank’s dealing rooms and institutional and corporate clients on developments in global foreign exchange markets.

Ray has 30 years experience as an economist and market strategist, obtained in roles working in London, Sydney and New York. Prior to joining NAB in 2012, he held a similar role at BNP Paribas, based in New York.

He previously amassed considerable experience in research and strategy, being a joint founding partner for 4CAST limited, a leading independent economic and financial market research company. Prior to that, he worked for many years in senior roles at MMS International, also a leading on-line market research provider.

He holds both Master and Bachelor of Science degrees in economics from the London School of Economics.


The rally in US equities continued at the end of the week, with the optimism spreading to Europe.

US equities rose higher still on the back of the latest US retail numbers.

There are reports the US Treasury Department will no-longer consider China a currency manipulator.

In our first podcast of 2020, Ray Attrill discusses the week’s economic news and the broader prospects for the year ahead.

We’re ending the week with risk sentiment at its best level of the year.

It’s been a particularly bad 24 hours for the AUD (if you aren’t an Australian exporter, that is).

With renewed hopes for a Brexit deal and a truce at least on the US China dispute, could 2020 be a year of strong growth?

Not much movement in currencies or equities.

There’s been feverish activity in equity markets over the last 24 hours as investors respond to the US-China trade deal and the removal of Brexit uncertainty (for now).

The markets continue to ignore the US impeachment proceedings.

Jobs numbers from the US on Friday were well above expectations and we saw a swift response in the markets.

Oil has been the big mover overnight ahead of the OPEC summit.

For once US markets have been driven not by trade talks, but by hard numbers.

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