FX Weekly – French election, US CPI, Powell’s testimony, AUD/USD outlook

CommBank Global Economic & Markets Update podcast

Carol Kong (Economist and FX strategist) and Kristina Clifton (Senior international economist and FX strategist) discuss the outcome of the French parliamentary election and implications for EUR/USD. They preview the US June CPI and FOMC Chair Jay Powell’s testimony which will likely be the main drivers of currencies this week. They also run through a few reasons for why they expect further upside in AUD/USD in the coming year.

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