Post Tagged with: "RBA Rate Statement"
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
Forex Daily Outlook – June 2nd 2009
The Australian interest rate decision promises a strong opening for the day. Later on, European Unemployment Rate and American Pending Home Sales will dominate the scene. Let’s see what’s up for today: Australian Building Approvals start the day. They are expected to rise by 2.1%, less than last month’s 3.5%. Current Account is predicted to show
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
Forex Daily Outlook – April 7th 2009
Two rate statements dominate the day. They come from Japan and Australia. Also British data is interesting today. Let’s see what’s up. Forex is big in Japan on Tuesday: BOJ will announce the new Overnight Call Rate. Since the BOJ isn’t expected to change the rate, the focus will be on the Monetary Policy Statement. If the
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 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
Forex Daily Analysis – February 3rd 2009
News from Australia was dominant at the wake of Tuesday morning. Interest rate was cut as expected by 1%. The next big thing today is the Pending Home Sales figure in the US. What else is there today? Rate Cut in Australia Australia’s RBA slashed the Cash Rate to 3.25%, down from 4.25%. This ends a week