Australia Dollar Direction Depends On Fed Fund Rate

Kingsley Jones, Chief Investment Officer, Jevons Global

04-Dec-23 07:00

Australia Dollar Direction Depends On Fed Fund Rate

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The Royal Bank Of Australia will be meeting on Tuesday with most economists expecting the central bank to keep to their cash rate of 4.35%, which is a 12 year high. Kingsley Jones, Chief Investment Officer at Jevons Global tells us his expectations whilst weighing in on the Australian dollar which has been weak against King dollar.

Image credit: Shutterstock.com

Produced by: Mike Gong

Presented by: Wong Shou Ning, Keith Kam, Anwar Mahbob

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Categories: markets, economy

Tags: royal bank of australia, china csi300, japan topix, market watch, fed fund rate, black friday,

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