Sure, AUD rising because RBA isn’t going to cut as soon or as fast as the Fed impacts US$ profits negatively if repatriated, but it’s always outweighed by the US$ POO going up more. You mean Julianne Geiger‘s theory and as she says at the end, which you forgot to read:
Additionally, a weaker U.S. dollar, often a consequence of rate cuts, makes oil cheaper for holders of other currencies, further supporting prices.
Sure, AUD rising because RBA isn’t going to cut as soon or as...
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