PHIL’S AUDIO SHOWREEL
When iron ore prices were rising currency markets largely ignored it. Now it’s falling, the Aussie dollar is more susceptible says NAB’s Ray Attrill. So how low will it go?
Friday 30th July 2021 Markets have had a chance to absorb the dovish sentiment from the Fed yesterday and take stock of mixed data overnight. On the surface US GDP numbers looked weaker than anticipated, but a chunk of that was influenced by lower inventory and trade numbers. NAB’s...