For currencies there was a lot of intra-day volatility on Friday. NAB’s Ray Attrill explains what was going on. Things will be much quieter today, with the US and UK on holiday.
With America still off for Thanksgiving, NAB’s Gavi Friend talks turkey on central bank thinking. How much is inflation really pushing for faster tightening – for the Fed, the Riksbank, the ECB and the BoE? https://t.co/Qs75KOcyYo
The US is spending more and income is up, with inflation rising, whilst Europe is still held back by COVID concerns. It’s the perfect storm, says NAB’s Tapas Strickland, pushing the US dollar to its highest level in sixteen months. https://t.co/93jt83lsnU