US dollar heading to 2018 lows

Published: May 18, 2021, 8:12 p.m.

b'Wednesday 19th May 2021It\\u2019s been a mixed session for US equities overnight, whilst bonds headed sideways. The main move has been the further decline in the US dollar, falling below 90 on the DXY index for the first time since January and not far from the lows of 2018. NAB\\u2019s Gavin Friend says the move down is being driven by the reopening in Europe ,without the US labour market volatility, plus the fall in real yields. Also on today\\u2019s podcast, discussion on yesterday\\u2019s RBA minutes, tomorrow\\u2019s FOMC minutes and whether a US-Iran nuclear will add a sizeable chunk of extra oil on the global markets.


Hosted on Acast. See acast.com/privacy for more information.

'