Tag Archives: AUD
US Morning Update
Major Overnight Headlines • ECB: national and supranational backstops need to exist to ensure AQR is safe, credible, Thomson Reuters
CPI – Growth transition underway – inflation transition needed
* The CPI rose by 1.2% in QIII and annual growth now stands at 2.2%.
Muted Response Likely to Wednesday’s Dollar Bloc Events
The main events this week in the peripheral dollar bloc both happen on Wednesday. First is the Australian Q3 CPI data.
Australian Markets Weekly
The AUD The Aussie dollar more than held its ground during the US fiscal impasse and it has strengthened even further since the deal was done.
The Week Ahead in FX
In the week ahead, U.S. data releases will be in focus after the shutdown delayed the release of some key economic reports.
FX Daily Strategist: Europe
Fiscal resolution leaves path clear for the dollar to rise The seemingly intractable fiscal impasse in the US came to a rapid resolution on Wednesday,
BIS banter
Last month the BIS released its triennial survey charting FX volumes acrosscurrencies, counterparties and products.
RBA Board Minutes – The RBA retain a mild easing bias
* The RBA retain a mild easing bias. But comments in general were evenly balanced.
Housing Finance – August 2013
* The value of total housing lending moderated in August, falling by 1.2% in the month. Lending remains a strong 15.3% higher over the year.
Australian Markets Weekly
Labour market holding: Buys more wait time for RBA * Australia’s unemployment rate trend steady at 5¾%
The Week Ahead in FX
In the week ahead, investors will continued to closely monitor political developments in Washington.
A respite for the US dollar
USD: slightly firmer The DXY dollar index firmed slightly to 80.55 this week, helped by the Democrats and Republicans resuming talks over the US budget.