Monday 20th January 2025
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US markets are closed today, so a quiet start to a potentially very volatile week, depending on what executive orders the new President issues in his first week in The White House. NAB’s Ray Attrill says there was a reaction in the US dollar to a social media comment from Trump that a call with President Xi had gone well. There’s also been speculation in the Wall Street Journal about how China will respond to hefty tariffs, if imposed. If the response is to oversee the weakening of the Chinese currency, what impact will that have on the Aussie?
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