ausbiz: The economy's stronger? That means higher for longer.
Stronger economic data means interest rates will remain higher for longer. In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, discusses the latest batch of US economic numbers and why it could result in even higher interest rates across the globe. Dragicevich also picks apart the currency implications, suggesting that while the AUD/USD's downside may be limited, the other Australian Dollar crosses could see even deeper falls.
Watch the ausbiz video here: https://ausbiz.com.au/media/the-economys-stronger-that-means-higher-for-longer?videoId=30239