Stronger data and election result mean a slower path to neutral
Insight
November 28, 2024
NAB FX Webinar for Small Business – What does Trump 2.0 mean for the AUD?
The NAB FX Small Business team discuss how Trump's second term as U.S. President could influence the AUD.
What does Trump 2.0 mean for the AUD? NAB Markets examines the potential impact of Trump’s return to power on the AUD.
As we head into 2025, Trump’s policies, uncertainties surrounding the U.S. administration, expected tariffs on China, and broader global economic shifts are likely to drive increased market volatility and significantly influence the AUD.
The AUDUSD forecast risks remain skewed to the downside, with a real potential for the AUD to trade lower.
Ray Attrill, Head of FX Strategy, Tracy Ferguson, State Director Markets NSW, Daniel Turner, Associate Director Markets NSW, and Amela Halilovic, Senior Associate Markets VIC, discuss these key themes.
If your business is exposed to foreign currency, we encourage you to reach out to your NAB FX specialist to discuss how we can assist you in protecting your business against adverse currency movements.
