Friday 27th September 2019

The US dollar index (DXY) reached over 99.3, close to a two-year high. Phil Dobbie asks NAB’s Gavin Friend how, despite the US-China trade dispute and uncertainty from the impeachment proceedings, the dollar keeps rising. It seems it’s another case of the least dirty shirt scenario. Also, does the resignation of Sabine Lautenschlaeger mean for the ECB, what impact will yesterday’s Australian job vacancy numbers have on the RBA’s roadmap and how important are the core PCE numbers for the US today?