Aussie Set for Rises

January 27th, 2010 admin

After getting many blows, the Aussie finds comfort in rising inflation which paves the path for another rate hike . This report saved AUD/USD from losing an important support line. After the bounce, the road is north. Australian quarterly CPI showed a rise of 0.5% in Q4. This exceeded expectations for a 0.4% rise, although being less than last month’s 1% rise. After seeing a negative PPI at the beginning of the week, there were fears that also CPI will disappoint. This release comes at an important timing – a week before the rate decision. After the previous rate hike, the third in a row, there were doubts about another one. With an…


Originally posted on ForexCrunch

 
  Related Posts
Aussie Fights Back
The Australian dollar reminded us of its strength, riding north on another round of good employment figures. It’s now approaching an important resistance line. An update on this strong currency. The Australian unemployment rate fell to the lowest level in 11 months: only 5.3%. This exceeded expectations for a small rise from 5.5% to 5.6%. Contrary... 
Aussie – Great Employment Numbers Aren’t Enough for a Break
Australian employment numbers were excellent, but weren’t enough for the Aussie – it failed to break the important resistance line for the second time this week. Double top? Or just a matter of time? Australia’s employment change figure showed a rise of 35,200 jobs. This was better than last month’s Aussie job figures and... 
Forex Daily Outlook – February 26th 2010
The week ends with two revised GDP figures in Britain and in the US, as well as other moving figures. Let’s see what’s awaiting us today. Early in the day, British GfK Consumer Confidence isn’t expected to move from the negative score of -17. This will stop months of slow improvement.  Nationwide HPI is an important housing sector... 
Aussie Rate Decision Larger Impact on Markets
The decision to leave Australian’s interest rates unchanged left the Aussie vulnerable and hurt. A look at the decision, the impact for the Aussie and the larger impact for other currencies as the Non-Farm Payrolls are coming. The decision Although it wasn’t totally unexpected, the decision to leave the Australian Cash Rate at 3.75% and... 
USD/CAD Rises on Unchanged Policy
The Bank of Canada left the interest rate unchanged and more importantly – left the forecast unchanged. Without an upcoming rate hike, the Canadian dollar loses ground to the greenback. Mark Carney likes clear messages. In the headline provided with the rate statement he “reiterates conditional commitment to hold current policy rate until... 
EUR/USD Badly Positioned for the NFP
Close to the release of the all-important Non-Farm Payrolls , the Euro got some bad news and is now closer to the bottom of the range. Here’s an update. The European Unemployment Rate disappointed with a rise to 10%. This rise was worse than early expectations for a rise to 9.9%. We also found out that last month’s figure was already... 
AUD/USD Outlook – February 22-26
AUD/USD Outlook – February 22-26
The Aussie enjoyed talks about future rate hikes to make gains this week, despite Bernanke’s mini-rate hike . The upcoming week contains a few quarterly releases that will move the Australian dollar. Here’s an outlook for the Aussie and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines marked.... 
Forex Daily Outlook – January 6th 2010
As the week advances, the calendar gets more crowded, especially in the US. ADP Non-Farm Payrolls and the FOMC minutes are among the important indicators today. There are many important events elsewhere. Let’s see what’s up for today. British Nationwide Consumer Confidence starts the day right at the beginning. After many months of steady... 
AUD/USD Outlook – February 15-19
AUD/USD Outlook – February 15-19
The Aussie finally enjoyed a good week and made some gains. The upcoming week contains lots of important speeches that will shape the direction of the Aussie. Here’s an outlook for this week’s 7 Australian events and and updated technical analysis for AUD/USD. AUD/USD  graph with resistance and support lines marked. Click to enlarge:... 
AUD/USD Outlook – February 1-5 2010
AUD/USD Outlook – February 1-5 2010
The Aussie had a disappointing week, surrendering to the greenback’s strength . The upcoming features a probable fourth consecutive rate hike that might lift the Aussie. There are many more indicators. Here’s an outlook for the Australian dollar, and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance... 
  Related Tweets from Twitter
Financial_News_ (Financial News)  : New post, "AUD/USD: Trading the Change in Australian Employment (Daily FX via Yahoo! Finance)" - http://bit.ly/9ea3r7..
Updated : 2010-03-14T18:48:33Z   |  Reply  |  View Tweet
bigmoney12345 (Big Money 123)  : Forex ? AUD/USD weekly outlook: March 15-19 http://su.pr/81RtCH..
Updated : 2010-03-14T18:05:22Z   |  Reply  |  View Tweet
forexfinancialm (Forex Financial Mex)  : Forex - AUD/USD weekly outlook: March 15-19 - Forex Pros http://url4.eu/1mtYx..
Updated : 2010-03-14T16:06:04Z   |  Reply  |  View Tweet
ClassicForex (Classic Forex)  : Forex - AUD/USD weekly outlook: March 15-19 - Forex Pros : Forex ?: Forex - AUD/USD weekly outlook: March 15-19. F... http://bit.ly/av0qDt..
Updated : 2010-03-14T15:22:17Z   |  Reply  |  View Tweet
ForexMarketNews (Ryan)  : Forex - AUD/USD weekly outlook: March 15-19 - Forex Pros - Forex - AUD/USD weekly outlook: March 15-19Forex ProsFor... http://ow.ly/16NFt6..
Updated : 2010-03-14T14:18:08Z   |  Reply  |  View Tweet
  Related News from Digg
No comments yet.

Spam Protection by WP-SpamFree

TOP