• It’s RBA time! The only main event in AU is flash manufacturing services/PMI in the US market. • RBA expected to DROP the rate to 3.85% from 4.10% – this is widely expected. • AUDUSD is expected to continue its consolidation this month, pivoting between 0.6340 and 0.6484. • AUD expected to head towards
• Huge data-driven week for both AU & US markets, US CPI & AU Employment headlining! • US CPI to remain 2.4% y/y, AU employment +20.9k change & 4.1% unemployment rate. • AUDUSD is expected to continue its consolidation from April, pivoting between 0.6347 and 0.6491. • AUD is expected to hover around the 64c
• FOMC Statement this week, no major AU events to drive the market. • Fed expected to keep rates same @ 4.50%, general consensus at this stage. • AUDUSD is expected to continue consolidating between 0.6378 and 0.6492. • AUDUSD will take its cues from the US market this week, due to the lack of
• MULTIPLE high-impact events this week, notably AU CPI, USD PCE Core Index & US Employment. • AU CPI y/y @ 2.3%, US employment change @ 129K, unemployment rate @ 4.2%. • AUDUSD is expected to continue its consolidation, pivoting between 0.6347 and 0.6442. • AUDUSD is likely to remain somewhat bullish this week, based
• Minimal high-impact events this week in the US, no significant events for AU except bank holidays. • US Manufacturing & Services PMI this week, with a short week in AU due to public holidays. • AUDUSD is expected to continue its bullish recovery, pivoting between 0.6303 and 0.6421. • Welcome back from the global
• US Retail sales & AU employment numbers this week, potential AUD lift? • US Retail sales expected @ 1.4% m/m & AU employment change & rate +40.2k & 4.2%. • AUDUSD is expected to continue its bullish recovery, pivoting between 0.6032 and 0.6418. • AUDUSD has a strong chance of increasing its bullish recovery
• High-impact data with US CPI & PPI the key headliners, RBA Gov Bullock to speak on the future. • US CPI y/y expected @2.6% and US PPI m/m expected @ 0.2%. BLOOD ON THE STREETS! • AUDUSD is expected to recover from its HUGE fall, pivoting between 0.5885 – 0.6288. • THERE’S BLOOD ON
• High impact with RBA Cash rate & US Non-farm payroll as this week’s key headliners. • RBA cash same @ 4.1% and US NFP employment change +139K, unemployment rate 4.1%. • AUDUSD is expected to continue consolidating (bearish bias), pivoting between 0.6254 – 0.6324. • AUD trading this week with bearish bias due to
• AU CPI & US Core PCE Index are this week’s key headliners. • AU CPI expected @ 2.5% y/y and US Core PCE index expected @ 0.3% m/m. • AUDUSD is expected to continue consolidating, pivoting between 0.6226 to 0.6355. • AUDUSD may retest the 62c level this week based on US tariff policy
• US Retail Sales, FOMC announcement and AU employment are the week’s headliners. • US Retail Sales @ 0.6% m/m, FOMC @ 4.50% (same) and AU unemployment rate @ 4.1%. • AUDUSD is expected to continue consolidating, pivoting between 0.6279 to 0.6354. • AUD is likely to lift this week, following a minor uptrend from