Tag Archives: AUD

AUD/USD Forecast Update

RBA to cut the interest rate in Q1 15

Australia’s employment expanded by 42.7k in November, building on October’s revised 13.7k rise.

RBA shifts weaken the AUD, but two cuts are now increasingly priced.

Total housing lending increased by 1.0% in October to be 19.8% higher over the year.

Consumer sentiment plunged by 5.7% in December to its lowest level since August 2011.

IMM data released on Friday revealed that investors for the second consecutive week reduced their short EUR positions.

Recent monthly economic indicators and business surveys show continued moderate global economic growth

Bottom line: Not a bad survey result; some retracement in Business conditions (+5 after +13) and

In the week ahead investors will be awaiting Thursday data on U.S. retail sales and

Sentiment is USD bullish. Traders maintained their large $49bn net position,

The trade deficit narrowed to $1.3bn in October.

Retail trade rose by a stronger than expected 0.4% in October,