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.

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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?

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