Tag Archives: AUD
The Week Ahead in FX
In the coming week, markets will be focusing on Wednesday’s Federal Reserve policy meeting,
FX SENTIMENT REPORT
The net short EUR position collapsed from $8.4bn last week to $1.3bn this week, a level not seen since February and one that suggests a bullish turn in EUR sentiment.
FX G10/EM Morning Trader Views
EUR – Eur x’s held lvls well yesterday and so did eur at 1.3275/80 – Spec selling during the day met with RM demand and
The Week Ahead
• Australia’s May jobs data showed more resilience than expected with a 1.1k rise, after April’s 45k jobs surge with the unemployment rate easing to 5.5%.
FX Strategist – Japanese portfolio flow monitor
Repatriation continues, investment trusts increase allocation to EM The weekly portfolio flow data showed overall repatriation by Japanese investors.
FX G10/EM Morning Trader Views
EUR – the USDJPY carnage continues leading to an offered greenback tone across the board. We continue to see RM and
Australia: Labour Force (May 2013)
Employment rises 1.1k (DB and market at -10k), unemployment rate falls to 5.5% from an upwardly revised 5.6% last month (DB 5.5%, market 5.6%).
The Global Macro Pulse
Overnight Price Action* USDJPY broke below 95 levels, and Nikkei dropped as much as 6% on the day before paring losses to 4.8%. Chinese markets opened for the first time this week,
Peculiar Rates and FX Dynamics
US real yields have relentlessly marched higher since May. Some may be surprised by the recent ack of broad dollar strength,
Labour Force – May 2013
• Employment edged up by 1.1k in May. Full-time jobs eased by 5.3k after a revised 29.8k increase in April.
Daily FX Wrap and Strategy
The NZD/USD has been the strongest performer amongst its peers over the past 24-hours, rising 1.3%. It sits around 0.7980 this morning.
Eurozone industrial production expected to bounce, UK economy still accelerating, little else for markets to look to in the US today
The economic calendar remains relatively light again today. Main interest will be in Europe with publication of industrial production numbers for April.