Tag Archives: EUR/AUD
Australian Markets Weekly – Unemployment rises as economy stabilises
Unemployment rises to 6% as the economy shows signs of stability. NAB still expects the economy to grow by 3% this year and next, net exports being a major contributor. AUD has a mini recovery, the AUD/USD trading above 0.90.
Asian Currencies Technicals
The sharp correction lower for the aussie on Thursday found support at the 55-DMA with daily tech studies now looking to correct lower from very overbought levels.
Australian Markets Weekly – RBA lifts inflation forecast and drops easing bias
Last week the RBA lifted its inflation and growth forecasts and dropped its easing bias. With NAB still forecasting the unemployment rate rising to near 6½ % through 2014,
Australian Markets Weekly – Australian data continues to improve
This past week has seen yet more key indicators, NABBusiness Conditions – a coincident indicator – and RBAcredit turn higher, more evidence the economy has shownmore resilience into year end.
Australian Markets Weekly – Little inflation risk on the horizon
The Q4 CPI on Wednesday is expected to again show modest price pressures, with the underlying rate forecast to rise 0.6% (2.3%yoy) and the headline rate 0.5% (2.4%yoy).
Australian Markets Weekly – Labour market the key to 2014 RBA policy
RBA cash rate expectations for Dec-2014 range from 2.0% to 3.5%. The RBA is comfortably on hold and still believes that policy is stimulatory enough to support activity.
Asian Currencies Technicals
AUD/USD has again remained capped on bounces ahead of the 21-DMA. The aussie looks set for further sideways trading within a $0.8820-0.8955 range with a break lower seeing immediate focus shift to
Asian Currencies Technicals
AUD/USD The move higher stalled ahead of the 21 day moving average and the falling daily channel top off Oct monthly highs.
Australian Markets Weekly – 2014 outlook: exports stronger; local activity weak
Australia’s economy is expected to gradually accelerate during the course of 2014, reaching a growth rate of about trend by the end of the year. This outlook will not create enough jobs to stop unemployment rising up through 6% and
More bearish £ signs. USD/Latam taking off.
EUR/USD: We’re now back in the rather rare situation that the marketis trading outside the 55week Bollinger band (and alsoyesterday, however for a short while, on a daily basis)something that historically has a strong tendency to
Australian Markets Weekly – Fed ‘tapering’ is coming: Implications for Australia
Strong US payrolls numbers have increased speculation that the Fed might start ‘tapering’ its bond buying program as early as its 17-18 December meeting. Fed tapering will signify the ‘all clear’ for the US economy,
FX Month in Review – November
* The JPY was the weakest currency monitored in the November Month in Review, declining 4.2% on a TWI basis.