Business
The US dollar is on the nose again and that spells trouble for the RBA – Sydney Morning Herald
After a brief respite, the US dollar has resumed its fall. While that says something positive about the outlook for the rest of the world it isn’t such good news…
They are also looking at the US and, despite the unexpected success of the vaccines rollout nearly 150 million Americans have received at least one dose and more than 100 million have been fully vaccinated and a sharper-than-anticipated economic recovery, they dont like what they see.
While the Fed should shoulder much of the responsibility for US dollar weakness (and might be happy to accept it, given it enhances US export competitiveness) it isnt the only factor in dollar depreciation.
The RBA…
-
Noosa News22 hours agoEnsure voices are heard – Proctor
-
Noosa News24 hours agoCity of Moreton Bay claims homeless people consented to having camps thrown away
-
Noosa News23 hours agoEric Bana Is Back in Murder-Mystery Mode (and in Scenic Surroundings) in the Trailer for New Netflix Series ‘Untamed’
-
Business19 hours agoUp 34% this year, can Challenger shares keep rising according to Macquarie?