Aussie

EURUSD Non-Commercials increased their net long positions in the Euro last week, buying a further 36k contracts to take the total position to 128k contracts. Investors have been increasing their upside exposure over recent weeks, as… Read More

CPI Falls Back over 2Q Australian CPI came in below expected over the 2Q printing 1.9% year over year, well beneath the 2.2% level forecast. Despite the decline underlying measures of inflation, which the RBA focus on, were in line with… Read More

A few weeks ago, we took a detailed look from a technical point of view at the two interesting pairs. We speculated the possible scenarios, based on the previous reactions and the potential catalysts, which could lead to the next move. Are… Read More

Central Bankers around the world managed to spike market volatility last week as they sent a clear message to the market about their future policies. It looks like the Central Bankers are on the same page once again. Most of them stated… Read More

For the past year, there were two currencies which failed multiple times to break above key resistance areas, despite the fact that the US Dollar has been declining for the past six months. Those two currencies are the Aussie and the Kiwi… Read More

BOE Chief Rebuffs Hawkish Expectations Despite hawkish expectations having increased recently, linked to persistent strength in inflation, GBP bulls were disappointed yesterday as BOE governor Mark Carney poured cold water on the idea of a… Read More

It's only the beginning of the week and despite the fact that there are only few key economic releases this week, yet, credit rating agencies decided to spice the things up at the beginning of the week. Earlier this morning Moody’s… Read More

Headline CPI Back To Target The latest CPI data for Australia showed that inflation rose 0.5% QoQ over Q1, boosted mainly by higher food and fuel costs. Underlying inflation also increased slightly, with trimmed mean inflation increasing… Read More

Earlier this morning, the Reserve Bank of Australia decided to keep the current policy unchanged, including the Cash Rate which remained at a record low at 1.5% as widely expected. However, the statement showed a balanced tone, which kept… Read More