Forex Flash: AUD/USD´s tricky schedule ahead – Nomura
Forex pairs in this Article »
AUD/USD
FXstreet.com (Barcelona) - Geoffrey Kendrick, Strategist at Nomura has taken a look at AUDUSD and highlighted the up coming risk events in the next two weeks.
1. Balance of payments - preliminary estimate - 27 November
2. Construction work done - 28 November
3. Capital expenditure - 29 November
4. Company profits - 3 December
5. Retail sales - 3 December
6. Building approvals - 4 December
7. Balance of payments - 4 December
8. RBA meeting - 4 December
9. GDP - 5 December
10. Employment - 6 December
11. FX reserves - 7 December.
He also notes that the trade balance is also due for release in the week of 3rd December but no specific date has been provided yet.
On the US side of the action he has highlighted ISM Manufacturing data on December 3rd and Non Farm Payrolls on December 7th.
With volume low, and a relatively packed schedule, he believes that the pair could be exposed to especially sharp moves.
1. Balance of payments - preliminary estimate - 27 November
2. Construction work done - 28 November
3. Capital expenditure - 29 November
4. Company profits - 3 December
5. Retail sales - 3 December
6. Building approvals - 4 December
7. Balance of payments - 4 December
8. RBA meeting - 4 December
9. GDP - 5 December
10. Employment - 6 December
11. FX reserves - 7 December.
He also notes that the trade balance is also due for release in the week of 3rd December but no specific date has been provided yet.
On the US side of the action he has highlighted ISM Manufacturing data on December 3rd and Non Farm Payrolls on December 7th.
With volume low, and a relatively packed schedule, he believes that the pair could be exposed to especially sharp moves.
Free Annual Reports
