Questioning the AUD’s non-mining narrative

Posted on December 3rd, 2015

The match has started and Fed Chair Yellen has played to script setting up the case for a stable to firmer USD. Pre-match jitters remain over the ECB, but the case for decisive action was bolstered by weak inflation data. We expect Draghi to act forcefully and we remain bearish on EUR.  GBP has succumbed […]