Westpac weekly markets video

Westpac Bank
This week AUD/USD fell to its lowest point since January 2017, close to 73 cents. Once again, much of this was simply due to the strength of the greenback, but there was also some pressure from the slide in the Chinese yuan. In our brief video, I take a look at why the yuan's move is so unusual and what it could mean for the Aussie. I also briefly touch on the RBNZ meeting and the key factors to watch in the week ahead.

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.
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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.