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Market Wraps
fx
Latest news and analysis on fx
Macro
September 20, 2019 13:14
RBA rate cut talk picks up, A$
slides
The Australian dollar has struggled this week, as a rise in Australia’s unemployment rate raised expectations of an RBA rate cut next month and the US dollar bounced...
Sean Callow
Westpac Bank
September 20, 2019 13:14
Macro
September 06, 2019 13:35
Aussie rebounds with global
equities
The Aussie dollar had its best week since June, bolstered by equity sentiment linked to US-China trade talks and Hong Kong, while local data was good enough for the...
Sean Callow
Westpac Bank
September 06, 2019 13:35
Macro
August 23, 2019 13:44
President Trump is stuck with a strong
dollar
The strength of the US dollar remains a sore point for President Trump. This week he reported its value as the highest in US history. We hear many claims of...
Sean Callow
Westpac Bank
August 23, 2019 13:44
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Macro
August 09, 2019 13:44
Trade tensions buffet the
Aussie
It’s fair to say that President Trump’s threat to impose 10% tariffs on the $300bn of US goods imports from China that are not currently taxed was not well received in...
Sean Callow
Westpac Bank
August 09, 2019 13:44
Macro
July 05, 2019 13:43
Aussie dollar brushes off RBA rate
cut
Markets started the week on a positive note after the weekend meeting between presidents Trump and Xi. The two leaders reached a truce of sorts in their trade war,...
Sean Callow
Westpac Bank
July 05, 2019 13:43
Macro
June 21, 2019 13:50
The Fed shakes up global
markets
It has been a huge week for central banks around the world and almost all of them are leaning towards lower interest rates.On Tuesday, markets were very surprised by...
Sean Callow
Westpac Bank
June 21, 2019 13:50
Macro
June 07, 2019 13:38
Will the Fed join the RBA in cutting
rates?
This week the Aussie weakened a little against most major currencies but has held up against the US dollar. This is a decent performance given that it had to absorb...
Sean Callow
Westpac Bank
June 07, 2019 13:38
Macro
May 24, 2019 14:50
A$ hangs tough as rate cuts
loom
Considering the blows the Aussie dollar has suffered this week, it has been quite resilient, roughly unchanged over the week against the US dollar, around 69 cents....
Sean Callow
Westpac Bank
May 24, 2019 14:50
Macro
April 26, 2019 13:13
Rate cut talk sinks the
Aussie
The Aussie dollar has fallen more than a cent this week, with the sharpest move coming in response to Australia’s Q1 inflation data on Wednesday. The below-consensus...
Sean Callow
Westpac Bank
April 26, 2019 13:13
Macro
April 05, 2019 12:37
Is politics keeping a lid on the Aussie
dollar?
The Australian dollar has emerged a little stronger after a very busy week. Most of the headlines were positive, with the one real negative coming from the RBA. While...
Sean Callow
Westpac Bank
April 05, 2019 12:37
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