Westpac weekly markets video
Here's Westpac's brief markets video. Fed chairman Powell made a splash at his first semi-annual congressional testimony. He sparked a jump in the US dollar and market interest rates by striking a more upbeat tone on the US economy and the monetary policy outlook. I discuss Powell's impact on markets including the Aussie dollar and also take a quick look at a busy week ahead which includes Australia Q4 GDP data and policy decisions by the RBA, ECB and BoJ.
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.