Australian Economy

The week ahead will be a busy one as the markets slow down close to the holiday season. The Fed, Bank of England and the Bank of Japan will be holding their monetary policy meetings this week. While the BoJ is expected to remain on the…
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The Reserve Bank of Australia held its monetary policy meeting on Tuesday last week. As widely expected, the Central Bank maintained its interest rates unchanged at 1.50%. The interest rate decision marks an uninterrupted view on…
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AUDJPY or AUD/JPY stands for the pair of currencies composed of the Australian Dollar and the Japanese Yen. Because neither is the US Dollar, this is is a cross pair. The value corresponds to how many Japanese Yen (the quote currency) are…
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Australia November Balance of Trade One of the five major monthly events that could move the AUD is the Balance of Trade, expected to be released on Wednesday at 19:30 EST (or Thursday at 01:30 CET). The Australian economy is highly…
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Summary: Monthly employment change beats estimates to rise 32,800 in October Unemployment rate steady at a six-year low of 5.0% Participation rate increases to 65.6% Wage growth yet to rise Speculation on Q4 2019 RBA rate…
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For Thursday, November 15 the Australian Bureau of Statistics is scheduled to release employment data for the country at 19:30 EST (or Friday at 01:30 CET). This data can sometimes move the markets, or shift the overall trend if it comes in…
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AUDUSD or AUD/USD is the notation for the currency pair consisting of the Australian Dollar and the United States Dollar, or as it's known colloquially, the "Aussie" (despite the AUD trading with other currencies, chiefly the JPY). The…
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On Thursday, November 8th at 19:30 EST, or Friday, November 9th at 01:30 CET, the Reserve Bank of Australia will release its Monetary Policy Statement (sometimes abbreviated as SoMP or MPS). The statement is a key bit of insight into…
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Every country is different, which is reflected in their economy; and Australia is no exception. The Australian Dollar will react differently to world events, which is essential to understand when trading. Here are some things you might want…
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Summary Australia unemployment rate in August was steady at 5.3% Australia adds 44,000 net jobs during the month Most of the gains came from full-time positions which increased 33,700 Jobs data for July was revised lower…
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