• 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 &
• 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
• 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
• 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