WEEKLY CURRENCY OUTLOOK

Summary • HUGE week in markets with HIGH impact events in both AU & US markets. • AU = RBA Cash Rate & employment numbers, US CPI, PPI & Retail Sales to be released. • AUDUSD to continue consolidating (ranging), most likely pivoting between 0.6466 – 0.6557. • AUDUSD has been range-bound between 64c-66c since

WEEKLY CURRENCY OUTLOOK

• VERY quiet week with AU bank holiday and no major US events to move the AUDUSD. • Australia = bank holiday Monday, but AUDUSD this week will take cues from global thematics. • AUDUSD to continue consolidating with bearish bias, pivoting between 0.6396 – 0.6563. • Last week was a chaotic week with the

WEEKLY CURRENCY OUTLOOK

• HUGE week this week with multiple high-impact events in AU & US. • AU CPI @ 2.1% y/y, Fed keep rates 4.50% & US change/unemp rate @ +108K & 4.2%. • AUDUSD to continue consolidating with bullish bias, pivoting between 0.6499 – 0.6626. AUD is expected to hover around 65c/66c this week. US &

WEEKLY CURRENCY OUTLOOK

• Minimal events this week with RBA gov speech and US Manufacturing/Services PMI headlining. • US Manufacturing PMI expected @ 52.7 (prev 52.9) & services @ 53.0 (prev 52.9). • AUDUSD to continue consolidating with bullish bias, pivoting between 0.6443 – 0.6576. • AUDUSD expected to remain around 65c this week with minimal AU &

WEEKLY CURRENCY OUTLOOK

• Heavy week this week with US CPI/PPI/Retail Sales & AU Employment! • US CPI expected @ 2.6% y/y (prev 2.4%), AU employment chg +21k and un-emp rate 4.1%. • AUDUSD to continue consolidating with bullish bias, pivoting between 0.6506 and 0.6616 • RBA kept rates on HOLD @ 3.85%!? • Trump smashed financial markets

WEEKLY CURRENCY OUTLOOK

• RBA Cash Rate & FOMC Meeting Minutes are the key headliners this week. • RBA expected to drop cash rate to 3.60% (prev 3.85%). • AUDUSD to continue consolidating with bullish bias, pivoting between 0.6515 and 0.6583. • AUD to remain subdued this week due to a lack of AUD/USD data. • Hovering in

WEEKLY CURRENCY OUTLOOK

• US Non-farm payroll is the key headliner this week, with no major events in the AU market. • Emp Chg expected @ +120k (prev +139K) & unemp rate expected @ 4.3% (prev 4.2%) • AUDUSD to continue consolidating with bullish bias, pivoting between 0.6413 and 0.6604. • AUDUSD will be mainly driven by USD

WEEKLY CURRENCY OUTLOOK

• AU CPI & US PCE Core Index are the core headliners this week. • AU CPI expected @ 2.4% y/y (no chg) and PCE expected @ 0.1% m/m (no change). • AUDUSD to continue consolidating with bearish bias, pivoting between 0.6411 and 0.6481. • US HAS OFFICIALLY ENTERED WAR WITH IRAN! • Chaotic news

WEEKLY CURRENCY OUTLOOK

• US FOMC decision, retail sales & AU Employment are the key headliners this week. • US FOMC expected same @ 4.50%, AU labour change +19.9K and unemp. rate same @ 4.1%. • AUDUSD to continue consolidating with bullish bias, pivoting between 0.6447 and 0.6537. • CHAOS IN THE MARKETS OVER THE WEEKEND! • The

WEEKLY CURRENCY OUTLOOK

• AU bank holiday (King’s Birthday) + US CPI / PPI making headlines this week! • US CPI expected 2.5% y/y (prev 2.3%) & US PPI expected 0.2% m/m (prev -0.5%). • AUDUSD to continue consolidating with bullish bias, pivoting between 0.6435 and 0.6544. • AUDUSD is likely to remain between 64c and 65c. •