Thoughts on "smart traders"
AU Number of employed
AU Employment Change
On poor head Aussie now fallen more: Dollar presses, presses a New Zealander, RBA presses, presses inflation - we see the AUDUSD to six-year low, which, however, on the one hand, can not but rejoice export-oriented country, the other side - the reason for this decline ...
In addition, the index of business confidence, according to the National Australia Bank, fell to zero. In this case, markets expect this year two more interest rate cuts.
Recall that in February 2015, the RBA cut interest rates to a new historic low of 2.25%. Decrease occurred with the rhetoric that makes markets expect re decline in the coming months.
The labor market in Australia poor. Unemployment rose to 13 year high, which in principle reflects all attempts to "support" from the RBA. On the face, the benefits in the worst case scenario at the time of publication AU Employment Change and AU Unemployment Rate. Both indicators can cause conflict in the time of release.
AU Number of employed
AU Employment Change
On poor head Aussie now fallen more: Dollar presses, presses a New Zealander, RBA presses, presses inflation - we see the AUDUSD to six-year low, which, however, on the one hand, can not but rejoice export-oriented country, the other side - the reason for this decline ...
In addition, the index of business confidence, according to the National Australia Bank, fell to zero. In this case, markets expect this year two more interest rate cuts.
Recall that in February 2015, the RBA cut interest rates to a new historic low of 2.25%. Decrease occurred with the rhetoric that makes markets expect re decline in the coming months.
The labor market in Australia poor. Unemployment rose to 13 year high, which in principle reflects all attempts to "support" from the RBA. On the face, the benefits in the worst case scenario at the time of publication AU Employment Change and AU Unemployment Rate. Both indicators can cause conflict in the time of release.
Only the price on the chart can show the entrance to the deal...