Australian Dollar Dipped After Slight Miss on Jobs Data. Where to for AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Employment, – Talking Points The Australian Dollar lost ground after jobs numbers disappointed Despite the miss, the Australian labour is tight and might impact CPI The US Dollar continues to hold sway. Will it allow AUD/USD to make a new high? Recommended by Daniel McCarthy Get Your Free AUD Forecast […]
When is the Australian employment report and how could it affect AUD/USD?
December month employment statistics from the Australian Bureau of Statistics, up for publishing at 00:30 GMT on Thursday, will be the immediate catalyst for the AUD/USD pair traders. Market consensus suggests that the headline Unemployment Rate may remain unchanged at 3.4% on a seasonally adjusted basis whereas Employment Change could ease to 22.5K versus the […]
Australian Dollar Bumped on Strong China GDP Data. Where to for AUD/USD?
Australian Dollar, AUD/USD, China GDP, Iron Ore, US Dollar, Fed – Talking Points The Australian Dollar firmed again after solid China GDP figures China’s re-opening is yet to hit the growth numbers but has helped commodities The US Dollar appears vulnerable. Will it boost AUD/USD to a new peak? Recommended by Daniel McCarthy Get Your […]
Australian Dollar Buoyed by Sentiment as China Moves into Focus. Higher AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Iron Ore, China, Japan PPI, USD/JPY – Talking Points The Australian Dollar found support while the US Dollar slid lower The markets are focussed on the China re-opening story but there might be hurdles If commodity prices keep going north, will AUD/USD benefit? Recommended by Daniel McCarthy Get Your Free […]
Australian housing finance (November) dribbling lower in the face of higher interest rates
The next Reserve Bank of Australia meeting is February 7 where analyst consensus is for a +25bp rate hike to take the cash rate to 3.35%. Market pricing is not totally on board with that extent of a hike though. I am: Anyway, Australian housing fiance data for November 2022: ADVERTISEMENT – CONTINUE READING BELOW […]
Australian Dollar Bumps Up on Data Amid Global Macro Tailwinds. Higher AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Fed, RBA, China, Iron Ore – Talking Points The Australian Dollar got a sugar hit from data but settled back in the range A re-acceleration of domestic price pressures might see more RBA action China’s re-opening could fuel inflation. Will it drive AUD/USD to a new peak? Recommended by Daniel […]
Australian Dollar Leaps Despite Weak Data as the US Dollar Slides. Higher AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Crude Oil, Gold – Talking Points The Australian Dollar vaulted higher as the US Dollar wilted US data has led to a theory that the Fed might not be aggressive going forward China’s re-opening has not been smooth, but it might move AUD/USD Recommended by Daniel McCarthy Get Your Free […]
Top Forex Brokers in Australia
The Australian retail trading landscape couldn’t be more diverse, which makes finding the top forex broker in Australia a hard endeavor. Thankfully, Australia is blessed by a wide range of brokers and a mature industry that caters to a growing base of investors. Australia itself is well known for brokers and retail investing, which is […]
China reportedly places first order for Australian coal since unofficial ban in 2020
That’s a positive sign for the aussie amid improved China-Australia relations at least. It is being reported that China Energy Investment Corp has placed an order to import Australian coal, with the cargo likely to be loaded before the end of this month. This relates to the headline from earlier this week here: ADVERTISEMENT – […]