• Last week’s heavy data saw USD weakness, but this week’s data is minimal, so there’s less impact. • RBA is headlining this week, albeit no change is expected in the cash rate @ 4.35%. • We expect the AUDUSD to be bullish this week and range from 0.6500 to 0.6684. • The 175k increase
• Data heavy week this week, especially in the US, with FOMC & NFP headlining. • FOMC is expected to keep rates on hold (5.50%), with NFP a strong positive employment change. • We expect the AUDUSD to be bearish this week and range from 0.6500 to 0.6587. • Given the heavy data releases in
• Fairly subdued week for global economic data, with US CPI headlining this week. • The US CPI is expected to fall 0.2% from 3.4% to 3.2%, which is negative for the USD. • We expect the AUDUSD to be bearish this week and range from 0.6500 to 0.6638. • AUDUSD will likely remain heavy
• Short week due to Easter long weekend but a few high-impact events in AU & US. • AU monetary policy minutes (low impact). US NFP to headline this week with a strong uplift (+205K)to job numbers, but the unemployment rate to remain the same (3.9%). • We expect the AUDUSD to be bearish this
• Short week due to the Easter long weekend but a few high-impact events in AU & US. • AU CPI expected to increase to 3.5% (+0.1%) and US PCE expected to decrease to 0.3% (-0.1%) • We expect the AUDUSD to experience bullish momentum and range from 0.6467 to 0.6598. • AUDUSD is likely
• Heavy data week with the RBA & FOMC Cash Rate decisions + AU Employment. • Anticipate no change for both meetings, but we expect a potential change in forward guidance. • We expect the AUDUSD to experience medium-level volatility and range from 0.6528 to 0.6615. • There is heavy data this week, with the
• US data heavy this week with key data including US CPI, PPI & Retail Sales. • CPI & PPI are expected to remain flat at 3.1% & 0.3% respectively, with minimal impact on USD. • We expect the AUDUSD to experience medium-level volatility and range from 0.6590 to 0.6703. • AUDUSD will generally be
• Huge week in US data, key headliners include AU GDP & US Non-farm payrolls • AU GDP to expand 0.3% q/q, a drop in US employment and no change in the unemployment rate • We expect the AUDUSD to experience significant volatility and range from 0.6485 to 0.6565 • Heavy week for the AUD/USD
• Key headliners for this week include AU CPI & US PCE Index. • AU CPI is expected to increase to 3.6% y/y (+0.2%), and the US PCE Index will also increase by the same. • We expect the AUDUSD to experience significant volatility and range from 0.6560 to 0.6599. • US has a few
• Policy minutes for both AUS & US headlining this week, key commentary on rate movements. • A public holiday in the US also means thin liquidity & Wage Price Index, a key driver for AUD. • We expect the AUDUSD pair to experience medium volatility and range from 0.6467 to 0.6569. • Given the