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weekly analysis

Weekly Forex Wrap Up: 24/12, 2015

AUDUSD (0.71): Data from Australia this week was limited to the CB leading index which continued to decline -0.10% for the month. The Australian dollar was however stronger over the week, with weekly gains of 1.34%. AUDUSD closed the week… Read More

Weekly Forex Wrap Up: 18/12, 2015

AUDUSD (0.71): The Australian dollar is down -0.81% to the Greenback with prices posting lower highs since the past few weeks. Data from Australia was largely limited to new motor vehicle sales which increased 1.0% against estimates calling… Read More

Weekly Forex Wrap Up: 11/12, 2015

AUDUSD (0.72): The Australian Dollar is down -1.70% approximately for the week. The currency initially fell since the start of the week after opening near 0.7334 and continued a strong decline to find support near 0.7188 to reverse some of… Read More

Weekly Forex Wrap Up: 04/12, 2015

AUDUSD (0.73): The Australian dollar is up 1.58% for the week with prices briefly posting a 5-week high above 0.7349 during the week. Economic data during the week was largely in the positive with the quarterly GDP beating estimates to rise… Read More

Weekly Forex Wrap Up: 27/11, 2015

AUDUSD (0.71): The Australian dollar is down -0.54% for the day at the time of writing after starting the week on a bullish note. Prices touched a weekly high to 0.7272 but soon gave back the gains on weak Capex spending which fell -9.2%… Read More