The fall in the Aussie and the rise of the Hawks
Thursday 29th June 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABBig fall in the Aussie and Kiwi dollars yesterday and overnight. NAB’s Tapas Strickland says the fall in the Aussie was a combination of the falling CNY and the fall in Australian CPI yesterday, although he cautions into getting too hopeful on the inflation read. At Sintra central bankers stuck with their hawkish sentiment, except Gov Ueda from the BoJ who believed inflation would come down. Concern over Japan’s plight might account for some of the fall in the NZ dollar, although…
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