Lowe sends Aussie lower; Markets unmoved by Trump

Words from the RBA’s Governor Lowe send the Aussie dollar spiralling downward yesterday, with investors wondering whether the next move will be up or down. Phil Dobbie asked NAB’s Tapas Strickland what it would take for the RBA to consider a cut. The Canadian dollar also took a bit on the back of words from the central bank, whilst the Bank of England announce their rate decision today. There’s been little response from President Trump’s State of the Union Address or on Brexit, with another US government shutdown and another UK government vote looming.

Leave a Reply

Your email address will not be published.

Scroll to top