Aussie Rides the Rate Hike
The Australian dollar enjoyed the rate hike and approached a technical resistance line. A break of this line depends mostly on the upcoming GDP. Update on technicals and fundamentals of this strong currency.
The Reserve Bank of Australia lifted the interest rate for the fourth time since the outbreak of the financial crisis. Australia’s Cash Rate [...]
Forex Daily Outlook – February 23rd 2010
A busy day expects traders, with a major survey in Europe, American consumer confidence and lots more. Let’s see what’s awaiting us.
There’s still lots of talk about Bernanke’s mini rate hike. Although Monday saw some recovery, there’s still a notion that the Federal Reserve will be one of the more aggressive central banks regarding rate [...]
Forex Daily Outlook – February 17th 2010
A busy day expects forex traders, especially those trading cable. Major figures will be released in Britain and the US. Will the Pound chose a direction? Let’s see what’s awaiting us:
Fear is fading away from the markets, and high yielding “risky” currencies are on the rise. The Australian and kiwi dollars are making gains, erasing [...]
Forex Daily Outlook – February 16th 2010
After a rather easy day, the calendar is busy again: British inflation numbers, German ZEW Economic Sentiment and American TIC Long-Term Purchases are the highlights. Let’s start:
In Australia, we’ll get to see why the RBA didn’t raise the rates as expected. The Monetary Policy Meeting Minutes might also reveal future policy.
Also in Australia, NAB Business [...]
Aussie Rate Decision Larger Impact on Markets
The decision to leave Australian’s interest rates unchanged left the Aussie vulnerable and hurt. A look at the decision, the impact for the Aussie and the larger impact for other currencies as the Non-Farm Payrolls are coming.
The decision
Although it wasn’t totally unexpected, the decision to leave the Australian Cash Rate at 3.75% and raising the [...]
AUD/USD Outlook – February 1-5 2010
Looking for the latest outlook, for the current week? Check out the section: AUD/USD Forecast
The Aussie had a disappointing week, surrendering to the greenback’s strength. The upcoming features a probable fourth consecutive rate hike that might lift the Aussie. There are many more indicators. Here’s an outlook for the Australian dollar, and an updated technical [...]
Aussie Set for Rises
After getting many blows, the Aussie finds comfort in rising inflation which paves the path for another rate hike. This report saved AUD/USD from losing an important support line. After the bounce, the road is north.
Australian quarterly CPI showed a rise of 0.5% in Q4. This exceeded expectations for a 0.4% rise, although being less [...]
Popular Forex Posts
Daily FX Headlines- Euro Leads Major Currencies Lower on Rumors Greece to Seek IMF Aid March 18, 2010
- USD/JPY Classical 03.18 March 18, 2010
- USD/CHF Classical 03.18 March 18, 2010
- USD/CAD Classical 03.18 March 18, 2010
- NZD/USD Classical 03.18 March 18, 2010
Stay up to date!
-
-
