Brighter days ahead
NAB Morning Call
00:00
Isn't the Australian Dollar Getting Engulfed in All This?
The australian dollar is getting pulled in all directions, isn't it? In the am, on the one side, you know, we're seeing some strength in some commodities, but then weakness in other commodities. Then we've got the strength of the us. Dollar versus the risk element, which, of us, the australiandollar suffers from. And then amongst all that, we've got the end pushing the us.ollar higher, which potentially is reducing the ozzie dollar. No wonder no one's got a clear path of where anything's going, because there's so many dimensions to all of the ye,. exactly.
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