March 27, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD:  My promise in Monday's report of an "interesting run in to Easter" is certainly playing out as the A$ rallied off it's lows at the start of the week, but has now turned into the worst...

March 25, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD:  The markets nervousness over the US President Trump's trade war has meant that any push higher for this pair is soon sold into. Looking ahead we have US GDP data to come on Wednesday...

March 22, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD:  We’ve had a very interesting past few days both domestically and offshore. Local Unemployment edged up to 5.6%  and the US Federal Reserve tightened the Fed Funds rate to 1.75%, as fo...

March 21, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD:  My forecast 0.79c target was hit last week, however the Australian Dollar has drifted lower over the last few days, despite comments from the Reserve Bank that low interest rates are...

March 15, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD: Comments from Larry Kudlow, US President Trump's new economic adviser, that he would buy the US$ and sell Gold gave the greenback a boost overnight. However, the move was muted as the...

March 14, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD: US inflation data came in as expected and although higher over the month, it wasn't fantastic and didn't spark thoughts of any additional US interest rate hikes, than have already been...

March 11, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD: Fridays US Employment Change release of an amazing 313,000 additional jobs over the last month, beat most expectations. However that number failed to nudge the Unemployment Rate lower...

March 8, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD: AUDUSD: The last week has been rather flat, despite the batch of major domestic data and the Reserve Bank meeting. The local currency has held my previously forecast 0.7750 support, ho...

March 4, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD: Recovered to close above 0.7750 and confirming my forecast "false break" of the important technical support level. The move came despite a better than expected read in the US Consumer...

March 2, 2018

Finport Currency Brief - Courtesy of Compass Global Markets.

Good morning all;

AUDUSD: Has taken a small dip on the back of weaker than expected domestic CAPEX data and as US Manufacturing numbers continue to improve. Overnight comments from US President Trump  that he w...

Please reload

Recent Posts
Please reload

Archive
Please reload

Search By Tags