Forex Calendar

Daily FX Update

The USD is strong, but most importantly the EUR is weak, having dropped to a fresh 11‐month low on

EURUSD fell to 1.3205 and USDJPY rose to 104.22, but AUDUSD managed to rally back to 0.9316 after opening weaker.

Risk sentiment got hit on Friday by news that a Russian aid convoy had crossed Ukrainian border without permission from Kiev.

Focus is likely to be on comments from the Jackson Hole Central Bank conference.Especially Draghi’s dovish ones are likely to be in focus.

There is a feeling of inevitability about it. Deterioration in the external accounts, that is. The precise timing is always difficult to

Gladstone and Australia Pacific LNG projects are on track and on budget.

NZD/USD Outlook: Down this week The decline in NZD/USD, which started on 10 July from 0.8836,

The events of the last week reinforced the message thatconditions for the New Zealand economy have softenedsince the start of the year.

In the week ahead, investors will be looking ahead to key U.S. data for further indications on the strength of the economy and

U.S. Review What Was That Noise? • Since Chair Yellen’s comment a few weeks ago that recent price jumps were “noisy,

German 10‐year yields still below 1%, S&P equities at fresh highs the USD mixed but EUR flirting with lows all leading into Jackson Hole.

The USD drifted weaker in pre-Jackson Hole profit taking. AUDUSD has risen to 0.9313,