Greg’s Weekly Analysis W/C 7th May 2018
AUD/USD Fundamentals: A few fundamental figures will impact the pair from the Australian side next week, including housing finance and confidence indexes by WestPAC and NAB. However, the retail sales figures could add to the Aussie gaining as the positive trade data managed to halt price and find the lows of support. If retail sales…
Greg’s Weekly Analysis W/C 30th April 2018
AUD/USD Fundamentals: The Australian dollar has weakened heavily against its US counterpart and the GDP numbers expected out of the Australia failed to come between the central bank’s target. With inflation at all time lows without any uptick we can be almost certain that the RBA policy will have no surprises and rates will remain…
Greg’s Weekly Analysis W/C 16th April 2018
AUDUSD: Fundamentals: Geopolitics are the forefront once again from the USD side with not only the China-US relation and trade tension development but to add to that investors have to asses the risk of the US military intervention in the Syria which could escalate tension with Russia making investor flock to safe haven commodities and…
Greg’s Weekly Analysis W/C 8th April 2018
AUD/USD Fundamentals: The RBA remained neutral on their latest monetary meeting and had adopted a firm wait and see approach without signalling what is next move could be. For 2 years rates have been stuck at 1.5 years and thought of a cut in the next 15 months would make investors sell the commodity currency…
Greg’s Weekly Analysis W/C 2nd April 2018
AUD/USD Fundamentals: The coming week is set to be fairly busier mainly due to the US NFP Jobs number hitting markets as per the end of the trading week of the new month. The RBA will hold their monetary policy on Tuesday but it is widely expected to hold rates and not make any changes,…
Greg’s Weekly Analysis W/C 26th March 2018
AUDUSD: Fundamentals: The Australian dollar weakened against the USDollar however the main reason for the weakness is not just the USD strengthening, as we could see that USD in fact moved sideways or even sold off throughout the week. The fact that the Australian currency weakened against an undecisive USD gives a picture of the…
Greg’s Weekly Analysis W/C 19th March 2018
AUDUSD: Fundamentals: We can very clearly see that the USD strengthened significantly against a weaker AUD, this was attributed to the US data releases namely the CPI inflation reading which came in mixed at best, but then later on retail sales and the consumer price index managed to lift the USD ahead of its’ policy…
Greg’s Weekly Analysis W/C 5th March 2018
AUDUSD: Fundamentals: It safe to say that the USDollar was the story last week and it will probably be the driving force among G10 currencies with the March meeting rate hike expectation. The new Fed Chair Powell testified in the US and the markets welcomed the further positive and hawkish outlook. ISM manufacturing PMI reached…
Greg’s Weekly Analysis W/C 26th February 2018
AUDUSD: Fundamentals: The Australian monetary policy meeting did not offer anything ground breaking as the RBA policy makers agreed on the same outlook as previously . The cash rate was left at 1.5% citing housing risk while having good unemployment rate with lacking inflation along with favouring a lower exchange rate due to exports mainly…
Greg’s Weekly Analysis W/C 19th February 2018
AUDUSD: Fundamentals: The Australian unemployment figures improved 0.1% and now it stands at 5.5%, this alone might not be enough to give the aussie dollar a clear upward trend, at least not until the RBA addresses the improvement and takes a more hawkish stance. On the other side the USD weakened based on momentum sell…