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.


Have the Fed clarified its position after an apparent U-turn at their last meeting?

The US dollar is now sitting at its strongest level of 2019 in DXY terms.

Words from the RBA’s Governor Lowe send the Aussie dollar spiralling downward yesterday.

On the face of it, the US looks like it’s enjoying a Goldilocks economy right now: there’s growth, employment is strong and inflation is low.

Negativity on the state of the global economy has managed to overshadow positive earning results from US companies.

On a quiet day on the markets (due to Martin Luther King Day in the US) the main focus has been, again on Brexit.

Theresa May has won the confidence vote in her government, so she can battle on with Brexit.

Theresa May’s government faced a massive defeat in Parliament with a 230 vote loss on their Brexit withdrawal agreement.

The US government shutdown is now in its 25th day but the direction of the global economy is a bigger concern.

The shutdown impacting parts of the US government remains, the passing of Theresa May’s meaningful vote on Brexit seems unlikely and negative data from Europe has some wondering whether the region is already in recession.

Fed Chair Jay Powell’s comments at the Economic Club in Washington supports risk sentiment.

FOMC Minutes just released show Fed more dovish than post Dec-18-19 meeting statement/presser suggested

US-China trade talks extended into a 3rd day.

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