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