Nucleus Wealth

Australian Dollar: 5 Drivers | Nucleus Investment Insights

Written 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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