Yesterday a number on Inflation Expectations for the Australian economy fell from 2.2% to 1.8% while the local New Motor Vehicle Sales for November came in at 0%, which was better than the previous revised number of –2.5%. Read More…
Category : Basic Concepts, Charts, Forex Tags : Forex, fx, fx trading
For the Australian economy yesterday a Business Confidence number deteriorated substantially. It came in at –9 and was worse compared to the last reading of –1. The US Trade Balance overnight did not surprise while Wholesale Inventories increased by 0.6%, which was close to expectations. Read More…
Category : Charts, Forex, Indicators, Investments Tags : Forex, fx, fx trading
Yesterday New Zealand Manufacturing Sales for the third quarter improved 1.6%, which was a welcome turnaround from the last reading of –0.8%. Read More…
Category : Basic Concepts, Charts, Forex, Home Tags : Forex, forex trading, fx, fx trading
The final day of the week saw the EUR lose ground against most currencies while the AUD remained relatively stable against most of its peers. The Fiscal Cliff remains the fad for now with some keeping the story going as other news are not making the headlines. The politicians in the US realise that they need a solution for the good of their economy and this will be the telling factor for an agreement to be reached. Read More…
Category : Forex Tags : Forex, forex trading, fx, fx trading
Numbers on the local economy yesterday surprised on the positive side. The Unemployment Rate decreased by two tenths of a percent to 5.2% and the Employment Change number confirmed an additional 13.9K jobs. Read More…
Category : Basic Concepts, Charts, Forex Tags : forex trading
