By FXEmpire.com
Analysis and Recommendation:
The AUD/USD is currently trading at 1.0028 coming close to parity once again. Like its cousins throughout the pacific, the pair is deeply affected by the global slowdown and contagion from the eurozone.
With China’s manufacturing continuing in free fall and Japan, in political uncertainty, any negativity out of the EU will throw markets into a stronger risk aversion mode, pushing the US dollar higher. The DX is currently over 82, but exceeded 83 just a week ago pushed by risk aversion.
This being the end of the month there will be a good deal of eco data from the US, strong reports might also support the greenback.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Upcoming Economic Events that affect the AUD, NZD, JPY and USD
Date |
Time |
Currency |
Event |
Previous |
Jun 27 Jun 28 |
12:30 |
USD |
0.2% |
|
14:00 |
USD |
-5.5% |
||
14:30 |
USD |
|||
23:50 |
JPY |
5.8% |
||
1:00 |
NZD |
27.1 |
||
Jun 29 |
12:30 |
USD |
||
12:30 |
USD |
1.9% |
||
22:45 |
NZD |
-7.2% |
||
23:30 |
JPY |
2.6% |
||
23:30 |
JPY |
-0.8% |
||
23:50 |
JPY |
-0.2% |
||
1:30 |
AUD |
0.4% |
||
12:30 |
USD |
0.1% |
||
12:30 |
USD |
0.3% |
||
13:45 |
USD |
52.7 |
||
13:55 |
USD |
74.1 |
Click here a current AUD/USD Chart.
Originally posted here