Westpac weekly AUD video
The Australian dollar has fallen against a rebounding US dollar this week, printing 3 week lows near 0.75. I note however that the Aussie has performed quite well against other currencies, including sterling and the kiwi, backed by a surge in coking coal prices. I also take a quick look at how the Aussie might trade in the week ahead, with Australian Sep jobs data due, along with plenty from the RBA - a speech from Governor Lowe as well as Board minutes.
Sean Callow is Westpac Bank's Senior Currency Strategist, based in Sydney. Sean focuses on the Australian dollar and other G10 and Asian currencies. He has worked in strategy and economics roles in New York, London, Singapore and Melbourne.