A potential sub 70 Aussie dollar as US prepares a “coalition of the willing” against China
Monday 10th September 2018
There’s every chance President Trump will announce another $200 billion of Chinese imports being subjected to tariffs, with the potential for another $267 billion to follow that. Phil Dobbie asks NAB’S Ray Attrill whether this is enough to push the Aussie dollar below 70 US cents for a prolonged period - it’s already the lowest it’s been for two years. Plus the latest on Brexit and the data to look out for today.
A potential sub 70 Aussie dollar as US prepares a “coalition of the willing” against China
Monday 10th September 2018
There’s every chance President Trump will announce another $200 billion of Chinese imports being subjected to tariffs, with the potential for another $267 billion to follow that. Phil Dobbie asks NAB’S Ray Attrill whether this is enough to push the Aussie dollar below 70 US cents for a prolonged period - it’s already the lowest it’s been for two years. Plus the latest on Brexit and the data to look out for today.