The Australian dollar has been in free-fall for a number of months, but has rallied in recent days.
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer Damien Klassen and Chief Strategist, David Llewellyn-Smith, look at the five main drivers for the Australian dollar, and discuss whether there is more downside to come, and how long consolidation might last.
Agenda: Where next for the Australian dollar?
- 5 drivers:
- Terms of trade
- Interest rate spreads
- Global versus local growth
- Positioning and sentiment
- US dollar
Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos.
Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus Wealth.
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The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an Authorised Representative of Nucleus Advice Pty Limited, Australian Financial Services Licensee 515796. And Nucleus Wealth is a Corporate Authorised Representative of Nucleus Advice Pty Ltd.