ausbiz: Divergence between the RBA and the Fed put the Aussie dollar under pressure
Category:Cross-Border
Updated:2023-03-10
Peter Dragicevich, APAC Currency Strategist at 91¿ì»îÁÖ Cross-Border 91¿ì»îÁÖ, joinedÌýausbizÌýtoday and discussed how the divergence between the Federal Reserve's (Fed) and Reserve Bank of Australia's (RBA) policy has caused the Aussie to come under pressure. As a result of the sharp rise in interest rates, Peter believes there are rising macro and credit risks, and he also discusses how he thinks there could be a binary reaction to the upcoming US non-farm payrolls report.
Watch theÌýausbizÌývideo here:Ìý
Cross-Border
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