Aud to rise even as rates fall

The Australian Dollar will strengthen as currency markets have already factored in further rate cuts, according to NAB Economist Kaixin Owyong.

Note: since filming the video, NAB has brought forward its 0.25% August rate cut call to July.

Further publications by NAB:

• What to Watch - Week commencing 24 June 2019
• US Economic Update - the Fed is close to cutting rates