November 1, 2023
ausbiz: Macro moves driving currencies
In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at 91¿ì»îÁÖ Cross-Border 91¿ì»îÁÖ, highlighted the ongoing strength of the US dollar due to macroeconomic divergences, a firm US employment cost index which weighed on the euro. The discussion also touched on potential policy shifts with the Bank of Japan, the possibility of the Reserve Bank of Australia raising rates next Tuesday, and the significance of upcoming US labour market data in determining the US dollar's trajectory. Watch theÌýausbizÌývideo here: