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
• A few high-impact events this week, but nothing of material impact on the AUDUSD. • AU Employment headlining this week with a higher unemployment rate expected of 4.1%. • Expect the AUDUSD to show signs of bearish moves this week, ranging from 0.6739 to 0.6813. • Huge news coming out of the US over
• US data is heavy this week with no high-impact AU data; therefore, USD drives AUDUSD. • US CPI is the headliner this week with a drop expected of 3.3% -> 3.1%, which is +ve for AUDUSD. • Expect the AUDUSD to consolidate this week, ranging from 0.6671 to 0.6789. • AUDUSD broke through the
• US data heavy this week with NFP headlining, a US bank holiday & FOMC Minutes. • NFP Employment Change expected +189K change and unemployment rate steady at 4.0%. • Expect the AUDUSD to consolidate this week, ranging from 0.6630 to 0.6699. • Welcome to a new financial year! • AUD is expected to keep
• Relatively low impact week with main headliners AU CPI & US Core PCE inflator. • AU CPI (monthly) is expected to drop by 0.1% to 3.5% from 3.6%, negatively impacting AUD pairs. • Expect the AUDUSD to rebound with a bullish bias this week, ranging from 0.6590 to 0.6684. • AUD is likely to