We expect growth in the global economy to remain subdued out to 2026.
Insight
April 17, 2019
Strategic FX update: April 2019
Join NAB's Head of FX Strategy, Ray Attrill as he sits down with Phil Dobbie to discuss the recent release of NAB's updated FX forecasts.
https://soundcloud.com/user-296808282/nab-foreign-exchange-when-will-the-aussie-dollar-move-out-of-its-trading-range/s-SVgdD
In this short discussion, Ray covers:
- NAB’s forecasts for the AUDUSD and the prospects for a break-out of the narrow ranges that have prevailed for much of 2019 to date
- The implications of a now even more prolonged period of Brexit uncertainty for NAB’s AUDGBP forecasts
- The impact of the recent downgrade to the ECB’s growth and inflation forecasts on AUDEUR
- Sign of progress in US China trade talks alongside some better Chinese economic news. What does that mean for AUDRMB?
For further FX, Interest rate and Commodities information visit nab.com.au/nabfinancialmarkets
