In the US, Ben Bernanke, Federal Reserve Chairman, is about to speak in Orlando

G20 Meetings (Day 2), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact the cash markets.

The moderate rise in prices leaves room for a rate cut that will weaken the Aussie. On the other hand, the fresh signs of strength from China helped the Australian dollar. We have more data from China alongside Australian data.

In the US, Non-Farm Employment Change, monthly report to measure the employed peoples excluding the farming business, significant raise is expected from 18K on the last month to 89K this time.

The main drivers of the Australian dollar were fresh quarterly inflation figures. Rising prices mean that rates hikes could come much sooner than expected. Will it be as early as now?

In the US, Non- farm payrolls, Monthly report that measures the number employees of all non-agricultural industries added 216,000 new jobs in March and is expected to decrease to 196,000.

We’ve seen that inflation wasn’t imported from China, easing pressures for a rate hike in Australia. At least it seems that Australia is currently in a safe part of the world, far from the Middle East.

In the US, American Non-Farm Payrolls fell by 95,000 jobs in September while the unemployment rate stayed at 9.6 per cent mainly due to government’s cutbacks in response to declining tax revenue, badly affecting the USD although growth in the Private-sector is encouraging. A rise of 63K is expected now.