Aussie update | fxmadness.com
Sponsored By :

This blog goes where few traders dare – the exciting world of Forex outside the dollar!

fxmadness.com

August 2nd, 2010 at 5:07 pm

Aussie update

in: General

Big Day for Aussie – with Aussie having hit 3-month highs of 0.9146 yest, highest level since May 4 highs of 0.9272 on general rise in global stocks and improved sentiment – for now. Focus on RBA Retail sales, building approvals, private house approvals, ANZ Job ads at 0130GMT – with the BIG decision at 0430GMT, RBA Cash Rate decision. RBA expected to keep Cash Rate unchanged at 4.50%, after the “weaker” 2.7% underlying Q2 CPI. Focus will be on the following RBA statement for any less hawkish statement, which will triggering AUD sales again, as RBA maybe signalling a longer pause. RBA likely to comment on some easing of Europe debt crisis, coupled with concerns over slowing global growth, US, China.

2

 

RSS feed for comments on this post | TrackBack URI









<


By TwitterButtons.net

View information on setting up FX trading accounts - Installing
Metatrader platforms MT4 mobile (windows) and Demo MT5 is straight forward
following Alpari's user guides.

Benzinga.com supporter
Are you a CEO and own
a business? Make sure you
get yourself a Direct Line
 for Business insurance
quote
.
Citi IPB, a subsidiary of the Citi Group offers unrivalled Offshore Banking services to customers across the globe. Including financial planning and access to deposits internationally.
  • Recent Posts

  • Categories

  • Archives

  • Blogroll

  • Forex trading signals Simple, easy to follow mechanical trading system. Free trial. spectrumforex.com

    • BlogRankers.com


      Finance Blogs


      TopOfBlogs


      Exotic currencies,


      blog directory


      Finance blogs


      Finance


      pfblogs.org logo