Aussie dollar gains, gold dives on US China optimism
The China deal, a higher fix for the Renminbi and wrods from the RBA's Michelle Bullock all helped to pushthe Aussie dollar higher.
NAB Morning Call · NAB - The Morning Call
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Tuesday 28th October 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
The market shift we highlighted yesterday morning continued through the session yesterday and overnight, with gold losing ground, US equities rising and the Aussie dollar the main beneficiary in currency markets. NAB’s Ray Attrill says the ussie was also helped by the PBoC fixing the Renminbi at his highest level since October. Tay says the Aussie was also influenced a little by the RBA’s Michelle Bullock’s Fireside Chat yesterday.
Hosted on Acast. See acast.com/privacy for more information.