US Job Data Leaves RBA in Catch-22 With The Aussie Dollar
Monday, 5 September 2016 Should the RBA cut the cash rate to counter the upward pressure on the Aussie dollar, or leave it as is? The dollar has already appreciated 3%, even with two interest cuts by the RBA this year.
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Sept. 6 -- Sean Callow, senior FX strategist at Westpac, discusses the legacy of RBA Governor Glenn Stevens, the RBA policy decision and the outlook for the Australian dollar. He speaks to Bloomberg's Rishaad Salamat on "Trending Business."