Westpac foreign exchange news – 11 December

The tumble in oil prices after the OPEC meeting reverberated through global commodity markets and took its toll on the Australian dollar. Sean Callow Westpac’s Senior Currency Strategist discusses the commodity rout but notes the AUD bounce on Australia's stunningly strong jobs data. He also takes a quick look at what the FOMC meeting next week could mean for the Aussie.