Aussie

Australia hasn't been immune to the wide swings in the market lately, largely due to liquidity fears. Even countries like Australia who have not taken major economy-altering measures to combat the pandemic are seeing significant drops in… Read More

The economic calendar is rather barren for Australia this week, with consumer sentiment data tomorrow among the few relevant events. That gives free rein for the markets to react to the weekend's news, COVID-19, and geopolitical fallout.… Read More

If there is any hope that fundamental data will halt the Aussie's slide so far this year, it's the GDP figures that will be released tomorrow. The data is a little old in the current environment; it's from before COVID-19. But, it's… Read More

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