Aussie Labor Market and the RBA in the SpotlightOn Tuesday, the RBA was in the spotlight. The RBA Meeting Minutes from the less hawkish March policy meeting warranted investor interest. On Thursday, Aussie retail sales and the recent Monthly CPI Indicator...
6 months agoAustralian Dollar vs US Dollar Technical AnalysisYou can see that we have rallied a little bit during the trading session here on Tuesday, but really at this point in time, not a lot to see here. We are still very much in a consolidation phase. So, most t...
6 months agoChina Services in the SpotlightOn Wednesday, the Chinese economy will be in the spotlight again. The China Caixin Services PMI could show if the Chinese economy has turned a corner. Economists forecast the China Caixin Services PMI to increase from 52.5 t...
6 months agoChina Services SectorOn Wednesday, the Chinese economy was in focus again. The influential services sector PMI numbers for March warranted investor attention. In March, the Caixin Services PMI increased from 52.5 to 52.7. Economists forecast a March PMI o...
6 months agoThe US DollarOn Monday, NY Fed 1-Year Consumer Inflation Expectation figures will kick-start the week for the US dollar. A pickup in consumer inflation expectations could lead to decreased consumer spending as individuals may adjust their expenditure plan...
6 months agoLast week ended with the US Employment Situation Report. Markets witnessed a monster beat for employment growth; the US economy added more than 300,000 jobs in the month of March versus a median estimate of 210,000 (prior data: small downward revision fro...
6 months agoAustralian Home LoansOn Monday, Australian home loan numbers for February will garner investor interest. Economists forecast a 2.25% increase in home loans for February, following a 4.6% decline in January.Home loan trends could give investors a view of t...
6 months agoAustralian Dollar vs US Dollar Technical AnalysisTaking a look at the Aussie dollar it looks like we’re just going to continue to go back and forth at this point and that does make a certain amount of sense considering that the market is right in the midd...
6 months agoAustralian Consumer and Business Confidence in FocusOn Tuesday, the Australian Westpac Consumer Confidence Index will garner investor interest. Economists forecast the Westpac Consumer Confidence Index to increase from 84.4 to 84.8 in April.Improving cons...
6 months agoAustralian Dollar vs US Dollar Technical AnalysisThe Aussie dollar has been rallying again early during the trading session on Tuesday as it looks like we’re trying to get to the 0.6650 level eventually. With that being said, it’s worth noting that the CP...
6 months agoChina: New Loans and Stimulus HopesOn Wednesday, economic indicators from China could influence AUD/USD trends. New loan data from China will be in focus. A rebound in new loans could signal an improving demand environment. Investors expect the PBoC to co...
6 months agoAustralian Dollar vs US Dollar Technical AnalysisYou can see that we had plunged after the CPI numbers came out in America, much hotter than anticipated. That being said, it’s probably worth noting that we were in extreme resistance anyway, so I think we...
6 months agoThe Bank of Japan, Interventions, and Geopolitical RiskOn Thursday, the USD/JPY will likely sit in the hands of the Japanese government. The overnight US CPI Report sent the USD/JPY to a high of 153.239. Investors previously considered 152 as the line in...
6 months agoChina: Inflation and Demand in the SpotlightOn Thursday, the Chinese economy will put the AUD/USD in the spotlight. Inflation figures will give investors a better sense of the current demand environment.Economists forecast producer prices to decline by 2....
6 months ago