Thoughts on EUR, USD and AUD

January 24th, 2019

 

Relative weak Euro and Asia data.

Stable US economic reports, but risks towards slowing.

The risk of a turn down in the USD remains.

Australian bank funding costs back to highs of last year.

High sensitivity in the AUD towards housing and global risks.

Australian Doom loop?

AUD to remain more highly correlated with global risk factors.

 

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Greg Gibbs,
Founder, Analyst and PM
Amplifying Global FX Capital Pty Ltd