Post Tagged with: "Cash Rate"
Forex Weekly Outlook – August 31 – September 4 2009
Take a deep breath. The economic calendar is packed this week. We have GDP from Canada, Australia, Switzerland and Europe. There are rate decisions from Europe and Australia. Employment data will come from Europe, Canada and the US – Non-Farm Payrolls are here. There are lots more figures from all over the globe. Also note
AUD/USD Outlook – August 3-7 2009
This week, AUD/USD faces 6 major events which will shape it’s trading. After closing above another resistance line, the prospects look good for the Aussie. Here’s an outlook for this week’s events, and a technical analysis for the AUD/USD: Major releases in Australia this week. The interest rate decision will stand out, but the others
Forex Weekly Outlook – August 3-7 2009
The first week when the new NFA rules are in effect is also packed with many major indicators. Rate decisions in Australia, Britain and Europe are the hottest events until Friday Non-Farm Payrolls – king of forex. There are lots more important events in the first week of August. Last week closed with GDP for
Will Australia go Down Under? Aussie Outlook
Australia has avoided recession up to now. This week’s GDP could prove otherwise. In addition, a new interest rate and 3 more major events await the Australian dollar: Retail Sales, Building Approvals and Trade Balance. After AUD/USD reached 0.80, here are the things to look for this week. Australia arguably has the strongest economy in the
Forex Daily Outlook – May 5th 2009
Things are warming up in: Australia publishes a new interest rate, and Ben Bernanke testifies today. There are other important indicators. So what’s on the menu? Australia’s Building Approvals will be a nice warmup to the interest rate decision later on. They’re expected to rise by 2.6%, after climbing by 7.8% last time. Australian Cash Rate
Forex Weekly Outlook – May 4 – 8 2009
Big week ahead in forex trading: Non-Farm Payrolls, Rate decision from Europe, Britain and Australia and employment figures from all over the globe promise an exciting week. Also note the Stress Test results. Let’s dive into the main events for this week: Monday, May 4th: Both British and Japanese banks are on holiday, so trading
Important Week For Aussie
AUD/USD made strong moves last week, and surrendered to a major resistance line. This week influx of Australian economic indicators might send the Aussie over the line. AUD/USD closed at 0.6938 in the previous week and closed the week at 0.7149. The Aussie began the week on the downside, going as low as 0.6768. But
Forex Weekly Outlook – April 6-10 2009
This week features rate decisions from Australia, Japan and Britain. There are also lots of major figures from Canada. Due to Easter, Thursday is packed with indicators, and Good Friday is good for resting. Lets’ see what’s on the menu… Monday, April 6th: The week starts slowly, with European Retail Sales that are expected to
Forex Daily Outlook – March 3rd 2009
This can easily be called “Super Tuesday”: rate decisions from Australia and Canada, Swiss GDP, House Prices from Britain, Pending Home Sales in America and Bernanke’s testament fill up a very promising day in forex trading. Australia supplies lots of data at the beginning of Tuesday. First Retail Sales are expected to turn negative, dropping
Forex Weekly Outlook – March 2-6 2009
The first week of March promises a roller-coaster in the Forex market. The king of indicators, NFP will keep everyone tense up to Friday. Until then, rate decisions in Europe, Britain, Canada and Australia are pumped through the week, as well as GDP from Switzerland, Canada and Australia. There are more major economic releases. Let’s