Post Tagged with: "AUD/USD"
The noose tightens on the periphery
The defeat of the incumbent socialists in Portugal’s election was of course no surprise, but nevertheless stands as another reminder of the high political price European politicians are paying (Ireland the other recent example) for pushing through the required austerity, either to avoid a bailout or to meet the conditions of one, as in Greece.
AUD/USD: Trading the Australian GDP Release
Expectations are very low for Australia’s Q1 GDP: a first contraction of the economy in over two years. This broad measure of the economy will rock the Aussie on any result. Here are the details and 5 expected outcomes for AUD/USD. Published on Wednesday at 1:30 GMT. Indicator Background Australia’s economy never went into a
AUD/USD: Trading the Private Capital Expenditure Release
This broad quarterly measure of economic activity always rocks the Australian dollar, and provides a trading opportunity on AUD/USD. Here is the information about this events, and 5 possible outcomes for the Australian dollar. Published on Thursday, at 1:30 GMT. Indicator Background Investments by factors in the private sector are a a genuine gauge of
Don’t Rule Out an Australian Rate Hike
Australia’s central bank faces a tough dilemma as it needs to tackle rising inflation on the background of a soaring currency. Here’s a preview for the Australian rate decision. The Reserve Bank of Australia will release the new interest rate on Tuesday, May 3rd, at 4:30 GMT. There is a wide market consensus that Glenn
With Which Currency Should You Trade the Fed?
The answer to the question above depends on the outcome of the event: In case of a dollar-bullish outcome, vulnerable currencies should be traded against – this will result in stronger moves. In case of a dollar bearish result, the stronger currencies would be a better bet. And what about an outcome that is in
AUD/USD: Trading the CPI Release
The quarterly release of Australia’s CPI will be a major market mover for AUD/USD on any result. Here are the details about this highly anticipated release and 5 possible scenarios for the outcome and the expected reaction in AUD/USD. Indicator Background Australian Consumer Price Index will be released on Wednesday, April 27th, at 1:30 GMT.
The dollar bears retain their strong grip
BoE still swimming in a sea of uncertainty Risk appetite returns with a flourish China changing tune on the yuan Green light for Aussie gains The dollar bears retained their vice-like grip on the forex market on Wednesday with the greenback sinking 1% by the end of the morning session. It was the
AUD/USD: Trading the PPI Release
Australia’s quarterly release of its Producer Price Index is due on April 21st, at 1:30 GMT. The frequency of this release in a world of rising inflation makes it of high importance, no matter the outcome. Here are the details and 5 scenarios for the outcome and AUD/USD reaction. Indicator Background Contrary to most countries,
AUDUSD: Bullish Momentum Set To Extend
AUDUSD: The broader outlook for AUDUSD remains higher as it looks to build more strength following its strong performance the past week.With another key psycho level at the 1.0500 level violated, risk of further upside pressure should continue as a new week begins. Guest post by www.fxtechstrategy.com In such a case, the 1.0600 level will be
AUD/USD – Too Good To Be True?
AUD/USD closes the week at 1.0560, breaking every record, every resistance line and also gravity on the way. There are many good reasons for a stronger Aussie. Here’s a nice list of 5 major factors. There may be even more. But there are signs that the pair is running out of air. Will we see