USD rally ends on poor inflationary numbers. Japan keep rates on hold adding to further Yen weakness. RBNZ intervene for first time since 1985 float. 18/06/07 last week’s currency trading review The Dollar experienced six consecutive sessions of rallying in beginning of the week following the edging higher of Treasury… 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 08/06/2007
June 8, 2007Four Central Bank announcements, and only one hike. AUD reaches 18 year high while the NZD touches record high since floating. BoJ meeting this week 08/06/07 last week’s currency trading review The Dollar rebounded to end the week as a surge in treasury bonds gave significant support to the greenback,… read more
Australian FOREX Weekly Outlook 28/05/2007
May 28, 2007USD shows strength as markets second guess Fed rate cut. Busy session to end the week. 28/05/07 last week’s currency trading review The Dollar rebounded in the early part of the week as speculation involving the Federal Reserve keeping rates unchanged in the near future. Supporting this notion was Thursday… read more
Australian FOREX Weekly Outlook 21/05/2007
May 21, 2007Central Bank of China causes volatility with the widening of trading bands between the Yuan-USD. Focus on U.S. housing sector. 21/05/07 last week’s currency trading review The Dollar began the week sliding on the back of some poor CPI data, which weighed heavy on the USD, before rebounding in the… read more
Australian FOREX Weekly Outlook 14/05/2007
May 14, 2007USD shows slight indication of rebound as FOMC and ECB keep rates on hold. BoE increase rates to 5.5%. Heavy data week for inflationary measures. 14/05/07 last week’s currency trading review The Dollar showed a little revival towards the end of the week despite a general bearish sentiment surrounding the… read more
Australian FOREX Weekly Outlook 07/05/2007
May 7, 2007Soft Non-Farm Payrolls ends slight USD reprieve. Big Week ahead for Interest Rate Announcements, with ECB, BoE and FOMC all scheduled 07/05/07 last week’s currency trading review The Dollar rallied for three consecutive sessions last week as Manufacturing and Services ISM came in surprisingly strong, which gave support to the… read more
Australian FOREX Weekly Outlook 30/04/2007
April 30, 2007Poor US GDP causes the Euro to reach all-time highs of 1.3683. Poor CPI out of Australia causes sell-off ahead of this week RBA cash rate. 30/04/07 last week’s currency trading review The Dollar remained bearish for most of the week as further negative data hindered on the outlook of… read more
Australian FOREX Weekly Outlook 23/04/2007
April 23, 2007USD weakens against all majorswith multi year highs are seen across the board, as inflationary pressures point of concern for ECB and BoE. Heavy data week for Japan in light of future policies. 23/04/07 last week’s currency trading review The Dollar was soft against most majors for much of the… read more
Australian FOREX Weekly Outlook 16/04/2007
April 16, 2007G7 summit keeps bias from previous meeting in Essen, as Euro and the Aussie Dollar and Sterling the biggest gainers all week. Heavy data week for the US and UK 16/04/07 last week’s currency trading review The Dollar was bearish for much of the weak as investors remained confident that… read more
Australian FOREX Weekly Outlook 09/04/2007
April 9, 200709/04/07 last week’s currency trading review The Dollar began the week with relatively minimal data released to the general public. The Dollar failed to receive any support until later on during the week with positive figures in the form of Unemployment rate and Non-Farm Payrolls on Friday. With positive jobs… read more
