Phin Ziebell speak to Ray Attrill NAB Head of FX Strategy. Ray reviews a relatively quiet week for currency markets with the AUD gaining about .30 percent on the USD.
Ray discussed US economic performance and the rise in US Bond Yields as a driver of USD strength, contrasting this against positive risk sentiment as a driver of USD Weakness. Phin asks Ray about the performance of the Eurozone’s vaccination rollout and its effect on the EUR.
Phin and Ray discuss this week’s upcoming economic data: NAB Monthly Survey, Au Employment, US earnings reporting season, China GDP and Credit Data, US Inflation