TAG: audusdf
AUD to USD Forecast: RBA Minutes and US Labor Stats to Influence Market Sentiment
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 ago
AUD to USD Forecast: China in Focus Pre-Fed Chair Powell and US ADP and ISM Reports
China 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 ago
AUD to USD Forecast: Analyzing Australian Home Loan Trends and US Inflation
Australian 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 ago
AUD to USD Forecast: Aussie Confidence vs. US Rate Cut Speculation
Australian 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 ago
AUD to USD Forecast: US Inflation, the Fed Dilemma, and Aussie Dollar’s Path
China: 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 ago
AUD to USD Forecast: China Inflation, US Producer Prices, and Fed Rate Hikes
China: 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
AUD to USD Forecast: China Trade Data in the Spotlight
China: Trade Terms in FocusOn Friday, the AUD/USD is in the hands of economic indicators from China. Trade data for March will warrant investor attention.Economists forecast exports to decline by 3.0% year-on-year after advancing by 7.1% in February. More...
6 months ago
AUD to USD Forecast: China Economic Indicators, the Middle East, and Sub-$0.64
China: Q1 GDP, Industrial Production, and Retail Sales in FocusOn Tuesday, economic indicators from China will impact near-term trends for the AUD/USD. First quarter (Q1) GDP data, industrial production, retail sales, fixed asset investment, and unemploym...
6 months ago
AUD to USD Forecast: Australian Economy in Focus Amid RBA Rate Path Speculation
Australian Economy in the SpotlightOn Wednesday, economic data from Australia will influence buyer demand for the AUD/USD. The Westpac/Melbourne Institute (MI) Leading Index will be in focus. Economists forecast the MI Leading Index to increase 0.2% in Ma...
5 months ago
AUD to USD Forecast: Labor Market Data, the RBA Bulletin Impact, and Sub-$0.64
Australian Labor Market and RBA Bulletin in FocusOn Thursday, Australian labor market data will impact buyer demand for the AUD/USD.Economists forecast employment to increase by 7.2k in March after surging 116.5k in February. Moreover, economists expect t...
5 months ago
AUD to USD Forecast: Market Risk, RBA Trajectory, and China Stimulus Impact
The RBA and China StimulusOn Friday, market risk sentiment could influence the buyer appetite for the AUD/USD. A rising threat of retaliation against the Saturday attack on Israel would impact demand for riskier assets and the Aussie dollar.However, the R...
5 months ago
AUD to USD Forecast: PBoC Rates and US Economic Data to Drive Sentiment
The People’s Bank of China (PBoC) and Potential Fiscal StimulusOn Monday, the People’s Bank of China (PBoC) will set the one-year and five-year loan prime rates (LPR). Economists expect the PBoC to leave the one-year and five-year LPRs at 3.45% and 3.95%,...
5 months ago
AUD to USD Forecast: Private Sector PMIs and the RBA Rate Path
Australian Private Sector PMIs and the RBAOn Tuesday, preliminary private sector PMI numbers from Australia garnered investor interest.The Judo Bank Manufacturing PMI increased from 47.3 to 49.9. Moreover, the Services PMI slipped from 54.4 to 54.2. Econo...
5 months ago
AUD to USD Forecast: Eyes on Aussie Inflation and RBA Rate Path
Aussie Inflation and the RBA Interest Rate PathOn Wednesday, Australian inflation figures will bring the AUD/USD and RBA into focus. Following the private sector PMI numbers for April, hotter-than-expected inflation numbers could return an RBA interest ra...
5 months ago