Aussie climbs on hope, but will it last?
September 2019 Having spent most of August below 68 US cents, the Aussie dollar bounced to just shy of 69 cents this month, driven by renewed hopes of progress in the US-China trade talks. In this month’s NAB FX Podcast Phil Dobbie asks Ray Attrill, NAB’s Head of FX strategy, whether the Aussie dollar can hold that level, particularly as NAB has forecast it will fall to 65 cents by the year end. They also discuss: - The ramifications of this week’s attack on the Aramco refinery in Saudi Arabia - Expectations for the Japanese Yen in a turbulent geopolitical environment - The roadmap for Brexit and the direction of Sterling