Aussie

Tomorrow is chock-full of key data from Australia that is especially relevant for fundamental analysis. The RBA is putting a lot of emphasis on employment data to determine it's monetary policy direction. If the jobs figures continue to… Read More

The Australian Bureau of Statistics publishes the official change in wage prices once per quarter. This usually means it has a bigger impact on the market as it's more anticipated. It's also important because it's one of the indirect… Read More

We talked about AUDUSD's corrective structure a few weeks ago. We provided an alternative scenario that had projected the end of the minor correction wave C. However, momentum weighed on prices more than anticipated and allowed wave C to… Read More

So far this year, the AUD has been on the backfoot, retreating compared to most other currencies. There are several reasons, as usual. Some of them are completely unexpected (coronavirus) while others were projected ahead of the last RBA… Read More

Despite the concerns about the potential economic impact from the wildfires and the spread of the coronavirus, the Australian Dollar has been moving higher this month. The data coming out next could give that trend a further nudge, and… Read More

The next bit of economic data coming out of Australia could have a significant impact on the AUD. The RBA is closely watching the labor market, as it sees the creeping increase in unemployment as a challenge to maintaining the inflation… Read More

Coming up later tonight, or early tomorrow depending on where you are, we have the first major bit of economic data out of Australia for the year. A better than expected trade balance might be what the market needs to reverse the… Read More

Overnight, we have the last major economic data from New Zealand and Australia for the year. After that, we can expect their pairs to slip into vacation mode for the next couple of weeks. It seems that the two countries whose currencies… Read More

With the positive tone around US-China trade negotiations lately, we should check in on our Oceanic friends who trade with the Asian Giant. While we don't expect a major shift in trade until an agreement is actually signed, an… Read More

Coming up in the early hours of tomorrow, we have some key data that routinely moves the Asian commodity currencies. There is likely some pent-up fundamental energy in the market since we haven't had much in the way of major data… Read More