• 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
• No major high-impact events this week for AU/US markets, which will move the needle. • FOMC minutes will be released, so keep an eye out for any forward guidance, although it is unknown. • Expect the AUDUSD to continue its bullish moves this week, ranging from 0.6598 to 0.6706. • AUD is likely to
• One major headliner this week is the RBA’s cash rate announcement, expected @ 4.35%. • There was a bank holiday on Monday in AU, so we saw the USD driving the AUDUSD pair. • Expect the AUDUSD to continue its bearish moves this week, ranging from 0.6333 to 0.6560. • AUDUSD will remain bearish
• HUGE data-driven week, with AU CPI, US FOMC & US Employment – Expect lots of volatility. • AU CPI expected to fall to 3.8% y/y, Fed to keep rates @ 5.50%, US employment @ +177k. • Expect the AUDUSD to continue its bearish moves this week, ranging from 0.6473 to 0.6661. • Expecting AUDUSD
• There are minimal economic events this week, so there is less volatility in the US/AU markets. • Core PCE Price Index, this week’s key headliner, could drive the AUDUSD with a +0.2% m/m. • Expect the AUDUSD to continue its bearish moves this week, ranging from 0.6647 to 0.6717. • JOE BIDEN IS OUT