Here is Westpac's brief weekly markets video. Last week's Australian wages and unemployment data reinforced our concern that wages growth will not accelerate any time soon. This poses danger to the outlook for both the RBA's inflation target and the government's budget position. The Aussie dollar however, looks relatively resilient short term.
Sean Callow is Westpac Institutional Bank's Senior Currency Strategist based in Sydney. Sean is responsible for adding value to our clients' trading decisions through the analysis of key factors driving the Australian dollar and other G10...
No areas of expertise