• AU RBA cash rate & US Labour numbers the key headliners this week. • RBA expected to keep rates same @ 3.60% & US NFP expected +51K change & 4.3% unemp rate. • AUDUSD to continue consolidating (bullish bias), most likely pivoting between 0.6500 – 0.6608. • Critical week in markets this week! •
• AU CPI & US Core PCE Price Index are the key headliners this week, indicating inflation. • AU CPI y/y expected @ 2.9% (prev 2.8%), PCE PI m/m expected 0.2% (prev 0.3%). • AUDUSD to continue consolidating (bullish bias), most likely pivoting between 0.6547 – 0.6668 • AUDUSD had a bit of a bearish
• FOMC & AU Employment are the key headliners this week. • Fed expecting a cut to 4.25%, AU employment change +21.2K and unemp rate 4.2% (same). • AUDUSD to continue consolidating (bullish bias), most likely pivoting between 0.6571 – 0.6695. • AUDUSD has been in favour of importers for the last 2 weeks, with
• Fairly subdued week in AU, but US headlining with PPI & CPI. • US CPI y/y expected to come in hot @ 2.9% (prev 2.7%) – what does this mean for future cuts? • AUDUSD to continue consolidating (ranging), most likely pivoting between 0.6496 – 0.6601. • AUDUSD hovering around 65c past few weeks.
A fairly subdued week, with US Labour figures the key headliner. Employment change expected +74K (prev 73K) and unemployment rate @ 4.3% (prev 4.2%). AUDUSD is likely to continue consolidating (ranging) and most likely will pivot between 0.6483 and 0.6569. • AUDUSD has been consolidating over the past few weeks with little directional bias. •
• Quiet week this week with AU CPI the key headliner! • AU CPI expected @ 2.3% y/y (prev 1.9%) – still within the 2-3% target range. • AUDUSD to continue consolidating (ranging), most likely pivoting between 0.6428 – 0.6538. • AUDUSD found some relief on Friday after the FED suggested another rate cut in
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
• 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
• 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 &
• 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 &