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AUD/USD Outlook – August 1-5

AUD/USD Outlook – August 1-5

After breaking to new ground, Aussie traders expect a very busy week. Among the 12 events, the rate decision draws the most attention. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The main drivers of the Australian dollar were fresh quarterly inflation figures. Rising prices mean that rates

AUD/USD Outlook – July 4-8

AUD/USD Outlook – July 4-8

A very busy week expects Aussie traders, with the rate decision and employment figures being the highlights. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Australian dollar showed huge strength in the light of the Chinese slowdown. It enjoyed the optimism from Greece to rise on risk

AUD/USD Outlook June 6-10

AUD/USD Outlook June 6-10

The Australian dollar showed that even a sharp contraction in the economy cannot stop it. It now faces a rate decision and employment data among other figures. Here is outlook for the Australian events and an updated technical analysis for AUD/USD. Floods in Queensland caused a huge contraction of 1.2% in Q1 2011 – the

AUD/USD Outlook for May 2-6

AUD/USD Outlook for May 2-6

The Australian dollar continues to lead with another week of significant gains across the board. Is a correction due now? The upcoming week is very busy. The rate decision is highlight amongst 11 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. Not only did the Aussie enjoy the weakness

Forex Daily Outlook – April 6 2011

Forex Daily Outlook – April 6 2011

Ivey PMI in Canada & Manufacturing Production in the UK are only a few of today’s highlights. Let’s see what awaits us today.  In the US, Crude Oil Inventories, barrels of held in inventory by commercial firms during the past week; is about to be 2.9M. Impacts growth as many industries rely on oil to

AUD/USD Outlook April 4-8

AUD/USD Outlook April 4-8

The Aussie seems unstoppable, moving in one direction only – up. Will this trend continue or will it take a break? The Aussie now faces important tests – a rate decision and employment figures. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Aussie showed its strength with the

Forex Daily Outlook – March 7 2011

Forex Daily Outlook – March 7 2011

We start the week with Building Permits in Canada and much more exciting events. Let’s see what awaits us today. In Canada, Building Permits, an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building; and is about to rise by 0.9%

AUD/USD Outlook – March 7-11

AUD/USD Outlook – March 7-11

After we’ve seen signs of strength from the Australian economy in the past week, Aussie traders await another busy one with employment figures being the highlight. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. The Australian economy grew at a stronger pace than expected in Q4 – 0.7%. Together

AUD/USD Outlook – February 7-11

AUD/USD Outlook – February 7-11

After a very strong week, job figures are the highlight of the upcoming week for Aussie traders. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Australian dollar enjoyed a hawkish tone from the rate statement. The RBA sounded confident about the global economy, dismissed the floods and paved

AUD/USD Outlook – January 10-14

AUD/USD Outlook – January 10-14

The Aussie had a bad start to the year, losing parity. The upcoming week is very busy, with employment figures being the highlight. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. Floods in Queensland which will have a deep economic impact, falling commodity prices and also the strength in