G20 brings hope and stability 06/04/09 last week’s currency trading review The Dollar finished the weak sharply lower after an action packed week of events. Stock markets around the globe rallied as the G20 met and discussed further ways to help stoke the world economy. On Friday we had the… read more
Weekly
An in-depth market summary of the previous week’s foreign exchange trading movements, the weekly outlook presents the forex market moving events and data releases which impacted major currencies and commodities. Discussion of future events and indicators in the coming week which are likely to influence the foreign exchange market are discussed. The general expectation of these releases and the implications going forward are also explained in detail.
Technical analysis of the major currencies and gold at present time is also provided to highlight where the market is positioned and to assist in calculating the extent to which any move in the major currencies and gold could have upon release of future data.
Australian FOREX Weekly Outlook 30/03/2009
March 30, 2009Stock Markets rally around the world 30/03/09 last week’s currency trading review The Dollar managed to gain even as risk sentiment improved with the majors giving up some of last weeks large up moves. The Major news that swept the markets was Treasury Secretary Geithner’s Toxic partnership plan that led… read more
Australian FOREX Weekly Outlook 24/03/2008
March 24, 2009US Quantitative Easing sinks Dollar 24/03/09 last week’s currency trading review The Dollar accelerated the weakness seen last week as the FED let the market know about a 1 Trillion $USD Quantitative Easing program. Such programs amount to printing money and severely undermined Dollar support as equity continued to rally…. read more
Australian FOREX Weekly Outlook 16/03/2009
March 16, 2009Equity Markets Rebound 16/03/09 last week’s currency trading review The Dollar weakened considerable as stock markets around the world rebounded sharply and risk sentiment improved considerably. Data was on the back burner with Retail Sales the main focus slightly better than forecast at -0.1% vs. -0.5% expected. Also showing some… read more
Australian FOREX Weekly Outlook 9/03/2009
March 9, 2009Stocks Under pressure on Global Recession fears 09/03/09 last week’s currency trading review The Dollar finished slightly stronger on the week as stock markets hit new 12 year lows and weak US data kept safe haven flows dominate. US February Nonfarm Payrolls dropped by 650K at expectations but the Unemployment… read more
Australian FOREX Weekly Outlook 02/03/2009
March 2, 2009Stocks Under pressure on Global Recession fears 02/03/09 last week’s currency trading review The Dollar continued to strengthen across the board as stocks approached 7000 on the Dow Jones index. US data was weak with CB Consumer Confidence falling to its lowest level on record in February at 25. US… read more
Australian FOREX Weekly Outlook 23/02/2009
February 23, 2009Stocks Under pressure on Global Recession fears 23/02/09 last week’s currency trading review The Dollar was mixed against the majors with USD strength on the back of risk aversion being countered by concerns of quantitative easing and possible nationalization of banks. Housing starts plummeted to 25 year lows at 0.47m… read more
Australian FOREX Weekly Outlook 16/02/2009
February 16, 2009Stocks Under pressure on Global Recession fears 16/02/09 last week’s currency trading review The Dollar managed small gains during the week as the risk aversion theme remained dominant. Treasury Secretary Geithner’s failure to convince the markets of the revised banking bailout plan and the lack of specific details sent the… read more
Australian FOREX Weekly Outlook 09/02/2009
February 9, 2009US Unemployment hits 16 year High 09/02/09 last week’s currency trading review The Dollar came under pressure this week as investor sentiment improved on speculation that the Second Stimulus package would be passed quickly through the Senate. Also helping stocks off lows was rumors that the Financial Rescue Plan being… read more
Australian FOREX Weekly Outlook 2/02/2009
February 2, 2009US recession confirm 02/02/09 last week’s currency trading review The Dollar continued to be well supported even as the US entered a recession with Q4 GDP dropping -3.8%. Safe Haven Flows continued to support. Other data out included CB Consumer Confidence which dropped to new lows of 37.7 in January… read more
