The Australian dollar has been in freefall for a number of months but has rallied in recent days.
In this week's podcast, Nucleus Wealth's Chief Investment Officer Damien Klassen and Chief Strategist, David Llewellyn-Smith, looked at the five main drivers for the Australian dollar and discussed whether there is more downside to come, and how long consolidation might last.
Agenda: Where next for the Australian dollar?
5 drivers:
Terms of trade
Interest rate spreads
Global versus local growth
Positioning and sentiment
US dollar
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