MB Fund Podcast: Has the Australian Dollar bottomed?

In today’s investment webinar, MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Senior Financial Advisor Sam Kerr sit down to discuss the recent falls in the Australian Dollar, gains in the US Dollar, and ultimately answer the question, has the Australian dollar bottomed?
On the agenda:
  • Structure versus cycle
  • Five drivers: Terms of trade, yields spreads, technicals & sentiment, USD
  • OMICRON scenarios

Can’t make it to the live series?  Catch up on the content via Podcasts or our recorded Videos.

Take us on your daily commute! Podcasts are available on iTunes and all major Android Podcast Platforms for Nucleus Investment Insights.



Damien Klassen is Head of Investments at the MacroBusiness Fund, which is powered by Nucleus Wealth.


The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Nucleus Wealth Management is a Corporate Authorised Representative of Nucleus Advice Pty Ltd – AFSL 515796.


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  1. Small risk potential that Omicron infects and causes relatively severe disease in infants and young children (under 4). If so this would constitute almost guaranteed lockdowns and border closures. Young kids can’t have vaccines and 0-6month haven’t got developed immune systems plus there’s way fewer paediatric ICU beds around than adult ones. Plus folks would be much more willing to stomach restrictions if yer “doin it for the kids”

    This idea is based on limited and speculative data so can be taken with a grain of salt but worth keeping an eye on.