Westpac foreign exchange news – 5 May

The Australian dollar this week slid under 0.74 for the first time since early January. Sean Callow Westpac’s Senior Currency Strategist discusses how steep falls in commodity markets have taken a toll on the Aussie, despite support from an optimistic RBA. He also takes a look at the Fed policy decision and what to expect in the week ahead, with eyes on Australia's budget and AAA rating.