ausbiz: Greenback drives Aussie | Eurozone inflation accelerates
Category:Cross-Border
Updated:2023-03-03
Peter Dragicevich, APAC Currency Strategist at 91¿ì»îÁÖ Cross-Border 91¿ì»îÁÖ, joinedÌýausbizÌýtoday and discussed the continued upswing in bond yields, how markets are coming around to the view that interest rates will need to keep moving up and stay high for some time to bring down inflation. This trajectory is impacting currencies, noting that the USD remains strong and the AUD has been under pressure.
Watch theÌýausbizÌývideo here:Ìý
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