AUD/USD - Australian Dollar to US Dollar

Earlier in the Day: There were no material stats released through the Asian session this morning, leaving the markets to consider China’s Premier Xi Jinping’s opening speech at China’s National Party Congress. With the U.S administration ruffling global feathers, a shift in foreign policy and sentiment towards relations with the U.S is a possible outcome … Continue reading China’s National Party Congress in the Spotlight, with Draghi and UK Employment Figures to Drive the EUR and the GBP

Earlier in the Day: Macroeconomic data out of the Asian session this morning was limited to New Zealand’s 3rd quarter inflation figures, which were better than forecasts, easing some pressure on the Kiwi Dollar, though the numbers were certainly well below Q3 estimates released in August, where the annual rate of inflation had been estimated … Continue reading RBA Minutes Weigh on the AUD, with UK Inflation and Carney to Drive the Pound

Earlier in the Day: The markets responded to the softer than forecasted inflation figures and upbeat retail sales data out of the U.S, with Asian equities on the march through the session this morning, as sentiment towards the prospects of a December rate hike by the FED eased further, following the more dovish than expected … Continue reading Asian Equities Move Forward, with Yellen Delivering Dollar Support

Earlier in the Day: Macroeconomic data out through the Asian session was on the lighter side this morning, with material stats limited to New Zealand’s September Business PMI and China’s trade data, while the RBA also released its financial stability review. The NZ Business PMI softened slightly in September, but was still considered to be … Continue reading China Trade Figures Impress with Retail Sales and Inflation to Drive the Dollar