Stable Markets provide for confidence. All eyes on EZ and Japanese CPI data releases. 27/08/07 last week’s currency trading review The Dollar had an eventful week succumbing to early pressure early in the week as ongoing speculation that the Federal Reserve would look to cut rates by a possible 0.50%… 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 20/08/2007
August 20, 2007Federal Reserve cut fund rate to induce liquidity. BoJ rate decision to move markets 20/08/07 last week’s currency trading review The Dollar rallied for the most part of the week as market uncertainty and drop in global stock prices ensured ongoing risk aversion. Economic data took a back seat to… read more
Australian FOREX Weekly Outlook 13/08/2007
August 13, 2007Market Volatility prompts central Banks to inject liquidity. All eyes on U.S. economic data. 13/08/07 last week’s currency trading review The Dollar was exposed to a volatile week in trading influenced by other markets. The USD opened the week pressured with ongoing expectations of the worst of the credit issue… read more
Australian FOREX Weekly Outlook 07/08/2007
August 7, 2007Credit market jitters continue to move currencies. All eyes on FOMC this week. 7/08/07 last week’s currency trading review The Dollar began the week pressured before correcting in latter sessions. Concerns from the markets with regards to the sub-prime/credit problem have been the main driving forces for the week, causing… read more
Australian FOREX Weekly Outlook 30/07/2007
July 30, 2007Risk Aversion prompts unwinding of carry trades with high yield dropping. Production data key this week ahead of ECB and BoE rate announcements. 30/07/07 last week’s currency trading review The Dollar began the week pressured before correcting in latter sessions. Although Housing data in the form of Existing and New… read more
Australian FOREX Weekly Outlook 23/07/2007
July 23, 2007Bernanke admits to slowing housing sector and the affects of the Sub-Prime are yet to come. China rate hike allows for Japanese Yen strength. 23/07/07 last week’s currency trading review The Dollar once again was weighed heavy with growing uncertainty in the slowing housing sector. Markets pre-empted poor data out… read more
Australian FOREX Weekly Outlook 16/07/2007
July 16, 2007EURUSD trades at an all time high of 1.3815 to end the week. CPI the theme for the week ahead. 16/07/07 last week’s currency trading review The Dollar continued to suffer for the most part of the week as further uncertainty in the Sub Prime Mortgage market attributed to significant… read more
Australian FOREX Weekly Outlook 09/07/2007
July 9, 2007Japanese Yen crosses the flavor of the month as EURJPY and GBPJPY reach all time highs. BoJ interest rate announcement ahead. 09/07/07 last week’s currency trading review The Dollar began the week with ongoing concerns surrounding the housing sector on recent sub prime defaults. This was further highlighted by Pending… read more
Australian FOREX Weekly Outlook 02/07/2007
July 2, 2007Housing sector weighs heavy on USD as commodity bloc currencies rally. Interest rate announcements the flavor of the week. 02/07/07 last week’s currency trading review The Dollar poor economic data out of the U.S. economy did little to support the dollar any further… read more
Australian FOREX Weekly Outlook 25/06/2007
June 25, 2007Yen crosses hit multi year highs as carry trade remains in full swing. RBNZ intervene for second time in a week as NZD profits from the carry trade. 25/06/07 last week’s currency trading review The Dollar began the week with plenty of focus on Treasury Bonds, as retreats in the… read more