GO Markets’ Lachlan M. Discusses US Dollar Moves Ahead of Key Events

GO Markets’ Lachlan M. Discusses US Dollar Moves Ahead of Key Events

GO Markets’ Head of Research, Lachlan M., recently appeared on ausbiz to analyse the movements in the US Dollar amid upcoming major risk events, including the approaching US election.

Lachlan outlined the impact of these events on currency performance, particularly focusing on the Australian Dollar’s outlook and the Japanese Yen.

His discussion also touched upon the effect of recent comments, or “jawboning,” from Japan’s Ministry of Finance (MoF) and Bank of Japan (BoJ) regarding the Yen, signalling potential intervention.

With global markets watching closely, Lachlan’s insights offer a comprehensive view of currency dynamics and the shifting landscape influenced by geopolitical and economic factors leading up to these pivotal events.