Currencies
Currencies are notoriously unpredictable but several factors including interest rates and geopolitics point to a higher-for-longer Aussie dollar. And one sector on the ASX could prove resilient.
Global cross-border payments specialist Wise sees Australia as a prime market for growth with digital and existing banks receptive to its platform.
The Federal Reserve's guidance on Thursday morning caused a sharp reaction in the markets but local economists are holding firm.
The "carry trade" of borrowing cheap Japanese currency at low rates and investing elsewhere has been a mainstay of financial markets for years.
