FX News Post
WEEKLY CURRENCY OUTLOOK
• Heavy week for the US market, no major AU data. Key headliners: US CPI & Employment! • US CPI expected (TBA), US emp change expected @ +50K & unemp rate @ 4.5% (prev 4.4%). • AUDUSD still in bullish consolidation (broke resistance), pivoting between 0.6609 & 0.6687. • RATE CUT, RATE HIKE?? • The
WEEKLY CURRENCY OUTLOOK
• Heavy week – AU RBA Cash Rate, Employment & US FOMC rate announcements! • RBA Cash rate @3.6% (same) + Unemp rate @4.4% (prev 4.3%), Fed rate @3.75% (prev 4%). • AUDUSD still in bullish consolidation (broke resistance), pivoting between 0.6564 & 0.6679 • AUDUSD right back @ 66c handle! • We have a
WEEKLY CURRENCY OUTLOOK
• AU CPI & US PPI/Retail sales/Core PCE Index are the key headliners this week. • AU CPI expected @ 3.3% (prev 3.5%) & US Core PCE Index expected @ 0.2% (prev 0.2%). • AUDUSD still in consolidation (bearish bias), pivoting between 0.6404 & 0.6520. • AUDUSD RANGING BETWEEN 64c & 65c. • AUD over
WEEKLY CURRENCY OUTLOOK
• AU Wage Price Index & US Non-Farm Payroll – the key headliners this week. • AU WPI @ 0.8% q/q & Job change/unemployment rate to watch – TBA. • AUDUSD still in consolidation (bullish bias), pivoting between 0.6488 & 0.6579. • AUDUSD is still hovering around 65c. • US GOVT BACK IN ACTION after
WEEKLY CURRENCY OUTLOOK
• AU employment & US CPI/PPI/Retail Sales are the key headliners this week. • AU unemployment rate @ 4.4% (prev 4.5%), US CPI @ 3% y/y (prev 3.1%). • AUDUSD still in consolidation (bullish bias), pivoting between 0.6448 & 0.6552. • AUDUSD back at the 65c handle. • Heavy week this week for AU &
WEEKLY CURRENCY OUTLOOK
• AU RBA decision & US Non-Farm payroll (labour) the key headliners this week. • RBA expected to keep cash rate @ 3.60%, US unemployment rate same @ 4.3%. • AUDUSD still in consolidation (bullish bias), pivoting between 0.6503 & 0.6603. • HUGE week in markets for both AU & US. • AUDUSD hovering around
WEEKLY CURRENCY OUTLOOK
AU CPI & US FOMC rate decision are the key headliners this week. AU CPI expected @ 3.1% (prev 3.0%) & US FOMC expected @ 4.00% (prev 4.25%). AUDUSD still in consolidation (bullish bias), pivoting between 0.6480 & 0.6537. • Heavy week in markets for both AU & US. • AUDUSD back above the 65c
WEEKLY CURRENCY OUTLOOK
• US Govt still shutdown, US CPI and Flash PMI the key headliners, No major AU events this week. • GOLD @ ALL TIME HIGHS! US CPI expected @ 0.4% m/m & 3.1% y/y (prev 2.9%). • AUDUSD back in consolidation (bearish bias), pivoting between 0.6444 & 0.6536. • WHAT IS HAPPENING WITH GOLD RIGHT
WEEKLY CURRENCY OUTLOOK
• US Govt shutdown still on. Governor speeches, AU employment & US PPI/Retail Sales this week. • AU emp change +20K, unemp rate @ 4.2%. US PPI @ 0.3% m/m & Retail Sales @ 0.4% m/m. • AUDUSD now looking bearish from last week, most likely pivoting between 0.6418 – 0.6573 • US GOVERNMENT IS