Competing tax plans have raised fresh doubts over whether the US Congress can deliver tax cuts, undermining the US dollar this week. In the Westpac Strategy team's brief weekly video, I discuss why US lawmakers are walking such a fine line. I also touch on the RBA and RBNZ meetings and take a look at what's coming up in the week ahead, where the Aussie dollar's main focus should be on the Australian jobs report.
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 currencies.