NAB Morning Call

NAB Morning Call

Phil Dobbie

Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead.


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Categories: News & Politics

Listen to the last episode:

Thursday 24th April 2025


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The US dollar will continue to slide, come what May. And probably come what June and July. Whilst he’s reluctant to be drawn too closely on timing, NAB’s Ray Attrill, head of FX strategy, says we can expect to see the US dollar fall another 10 percent, at least, with the Aussie returning about the 70 cent mark. Phil asks if that’s the best-case scenario; one where trade deals are agreed and tariffs minimised. What if the hefty tariffs return? Or Trump deposes Jerome Powell? Or the US heads into a recession? Whichever way you spin it, Ray says the US dollar is getting weaker and it’s not a short-term change. The weaker dollar could be around for a long time.


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Previous episodes

  • 2649 - Weekend Edition: The Dollar Will Continue to Slide, Come What May 
    Thu, 24 Apr 2025 - 0h
  • 2648 - China’s tariff hopes. A less worse scenario. 
    Wed, 23 Apr 2025 - 0h
  • 2647 - Peak Trump? Bouncing back on hope of deals 
    Tue, 22 Apr 2025 - 0h
  • 2646 - Battle for the Fed Control 
    Mon, 21 Apr 2025 - 0h
  • 2645 - Weekend Edition: Flying on Thin Margins 
    Thu, 17 Apr 2025 - 0h
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