Westpac FX video - final for 2017
The Aussie dollar had a strong week, rising 2% against the US dollar. The local highlight was a stunning surge in Australian jobs in November. In this brief video, I discuss the jobs data and of course the greenback's fall despite the Fed rate rise. I also note a few factors to look out for into early 2018, in our last markets video for the year.
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.