July 17, 2019

FX Podcast: FED likely to cut rates; what’s next for the AUD?

Ray Attrill discusses whats next for the AUD as it returns above 0.70 USD.

https://soundcloud.com/user-296808282/has-the-aussie-dollar-found-its-floor?in=user-296808282/sets/nab-foreign-exchange

In this month’s FX Podcast, Ray and Phil discuss:

  • The drivers of the AUD/USD’s return to above 70 cents – can it last longer than was the case in early June and July?
  • The likelihood of the US Fed cutting interest rates at the end of this month for the first time since 2008 – what would this means for the big dollar and with that the Aussie?
  • Risks of yet more weakness ahead for the British pound once the new Conservative party leader and Prime Minister is anointed next week

Listen now.