ausbiz: Divergence between the RBA and the Fed put the Aussie dollar under pressure
Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, joined ausbiz today and discussed how the divergence between the Federal Reserve's (Fed) and Reserve Bank of Australia's (RBA) policy has caused the Aussie to come under pressure. As a result of the sharp rise in interest rates, Peter believes there are rising macro and credit risks, and he also discusses how he thinks there could be a binary reaction to the upcoming US non-farm payrolls report.
Watch the ausbiz video here: https://www.ausbiz.com.au/media/divergence-between-the-rba-and-the-fed-put-the-aussie-dollar-under-pressure?videoId=27692§ionId=1885
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