• HUGE WEEK IN THE US MARKETS WITH US ELECTIONS & CASH RATES FOR AU / US. • Trump expected to win, the US FOMC rate to fall, and the AU cash rate to remain the same. • Expecting AU to range this week with a bullish bias, hovering between 0.6526 & 0.6603. • AUD/USD
• High impact data absent week this week for both AU & US markets. • AUDUSD is expected to trade within a tight range this week without major global data. • Expecting AU to range this week with bullish bias, hovering between 0.6661 & 0.6749. • AUDUSD is expected to trade within a tight range
• Fairly subdued week with AU Employment & US Retail sales headlining this week. • AU Employment, positive change in numbers +25.2K & unemployment rate same @ 4.2%. • Expecting AU to range this week with bullish bias, hovering between 0.6698 & 0.6807. • We expect the AUDUSD to target the lower level of 0.6698
• US CPI is the key headliner for this week, coming in at a low forecast of 2.3% y/y. • Bank holiday in AU on Monday = low AUD liquidity, but back to normal today. • Expect AUDUSD to continue bearish moves this week, pivoting between 0.6683 & 0.6895. • AUDUSD is expected to remain
• US high-impact data dominated this week, with US employment as the key headliner. • US unemployment rate expected @ 4.2% (no change) & job change 144K, positive for USD. • Expect AUDUSD to potentially rise again this week, pivoting between 0.6822 & 0.6959. • AUD will potentially hit the 70c mark this week, the
• Huge week for AU market with RBA cash rate + CPI, Core PCE Index for US markets. • The RBA is not expected to cut rates (4.35%), so the AU CPI is expected to drop significantly to 2.8%. • Expect AUDUSD to rise this week, potentially pivoting between 0.6727 & 0.6863. • We expect
• It’s a big week with US FOMC and AU employment numbers, so expect loads of volatility. • The first rate cut is expected in the US from 5.50% to 5.25%, and the AU unemployment rate is expected to remain the same. • Expect AUDUSD to potentially rise this week (US rate cut), pivoting between
• US dominated this week with a HUGE CPI headliner; no major data from the AU market this week. • US CPI is expected to fall to 2.6% from 2.9%, which is great for combating inflation but not so great for AUD. • Expect the AUDUSD to continue its fall this week, pivoting between 0.6621
Huge week for data for both AU/US markets, with AU GDP & US NFP headlining this week. AU GDP expected +0.2%, NFP expected +164K job change & 4.2% unemployment rate. Expect the AUDUSD to continue its consolidation this week, pivoting between 0.6736 & 0.6809. US data is heavy this week, which will drive the AUDUSD.
AU CPI is the key headliner this week for the AU & Core PCE Price Index headliner for the US market. AU CPI is expected to fall to 3.4% y/y (from 3.8%), and Core PCE is expected to be 0.2% m/m (-ve for AUDUSD). Expect the AUDUSD to experience a short rebound this week, ranging