BoE and BoC surprise with rate cuts. Federal Reserve expected to cut rates of 25 basis bpt. 10/12/07 last week’s currency trading review The Dollar as focus in other markets surrounded several interest rate announcements by respective central banks, much of the U.S. concerns were centered on jobs data. 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 26/11/2007
November 26, 2007Data filled week from the US ahead. ECB and Fed officials expected to speak. 26/11/07 last week’s currency trading review The Dollar was volatile throughout the Thanksgiving shortened week as the Euro and Swiss continued making new all-time highs against the Greenback. The focus of the week was squarely placed… read more
Australian FOREX Weekly Outlook 19/11/2007
November 19, 2007Focus on BoE and FOMC minutes. 19/11/07 last week’s currency trading review The Dollar was choppy throughout the week of trading positing its biggest weekly gain within the last month against a basket of majors. During the week the Fed had announced increased measures to improve its communication ties with… read more
Australian FOREX Weekly Outlook 05/11/2007
November 5, 2007Focus on RBA, ECB and BoE rate announcements. 05/11/07 last week’s currency trading review The Dollar remained heavily pressured throughout the week as market pre-empted rate cuts by the FOMC on the October 31. In light of recent market distress, the Federal Reserve chose to cut rates for the second… read more
Australian FOREX Weekly Outlook 29/10/2007
October 29, 2007All eyes on FOMC, amidst a heavy data week for the U.S. 29/10/07 last week’s currency trading review The Dollar extended three consecutive weeks of losses across the board amidst growing expectation the Federal Reserve would be inclined to cut interest rates on October 31. Economic data did little to… read more
Australian FOREX WeeklyOutlook 22/10/2007
October 22, 2007G7 pressures the Chinese Yuan to accelerate. CPI data for Australia and Japan this week. 22/10/07 last week’s currency trading review The Dollar had relatively mixed data throughout the week yet managed to weaken further across the board, as the G7 meeting loomed. With so much emphasis placed on the… read more
Australian FOREX Weekly Outlook 08/10/2007
October 8, 2007FOMC cut rates as focus shifts to Fed speeches, Durable Goods and Euro CPI 08/10/07 last week’s currency trading review The Dollar all focus was placed on Fridays NFP report, as markets awaiting eagerly to verify if the Jobs markets warrants further rate cuts out of the U.S. in light… read more
Australian FOREX Weekly Outlook 24/09/2007
September 24, 2007FOMC cut rates as focus shifts to Fed speeches, Durable Goods and Euro CPI 24/09/07 last week’s currency trading review The Dollar was highlighted by the Federal Reserve’s decision on Tuesday to cut the borrowing rate by 50 basis points, in an aggressive attempt to stimulate the economy, as interest… read more
Australian FOREX Weekly Outlook 17/09/2007
September 17, 2007Euro reaches and all time high as focus shifts to FOMC, 17/09/07 last week’s currency trading review The Dollar began the week heavily pressured on growing market views that a rate cut will be seen on September 18. Much of the market sentiment surrounded the view that monetary loosening would… read more
Australian FOREX Weekly Outlook 03/09/2007
September 3, 2007Rate announcements head the week. 03/09/07 last week’s currency trading review The Dollar traded in a choppy week as safe haven approach in a volatile market, whilst a mid week about face saw the dollar return to its pressured environment. Plenty of focus throughout the week was placed on Ben… read more