Australian Dollar: 5 Drivers | Nucleus Investment Insights
by
Damien Klassen
January 23, 2025
The Australian dollar has been in freefall 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, looked at the five main drivers for the Australian dollar and discussed 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
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