Thursday 20th July 2017

The Aussie dollar is nudging closer to 80 US cents. Phil Dobbie asks the NAB’s Ray Attrill whether it could push higher over the next couple of days. Will it, for example, be influenced by decisions from the Bank of Japan and the ECB? Neither are expected to move rates, but what will they have to say on easing their stimulus measures. Governor Kuroda could well be downgrading Japan’s inflation target, indicating QE is here to stay, no matter what other central banks decide to do.