Aussie dollar gains, gold dives on US China optimism

Tuesday 28th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe market shift we highlighted yesterday morning continued through the session yesterday and overnight, with gold losing ground, US equities rising and the Aussie dollar the main beneficiary in currency markets. NAB’s Ray Attrill says the ussie was also helped by the PBoC fixing the Renminbi at his highest level since October. Tay says the Aussie was also influenced a little by the RBA’s Michelle Bullock’s Fireside Chat yesterday.  Hosted on Acast. See acast.com/privacy for more information.