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AUD/USD holds 64c ahead of AU jobs, crude oil slips 3%
There is not a lot of to update from yesterday’s analysis. But for those that missed it, a head and shoulders pattern projects a downside target just beneath 63. Yet AUD/USD’s ability to hold above 63c last year despite a slew of negative sentiment, I remain doubtful that it will simply break beneath this level if revisit – unless the wheels fall off of the global or Australian economy. AUD/USD bounced from 64c in line with Wednesday’s bias, and if AU employment data beats expectations or even comes in around them (which are decent anyway) then I see the potential for AUD/USD to extend its rally and head for ... (full story)
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From @LiveSquawk|Apr 17, 2024post: Fed's Bowman: Progress On Inflation Has Slowed And Perhaps Stalled - Economic Conditions Are Strong - Strength Of Consumer Spending Tied To Ongoing Job Growth - Current Monetary Policy Is Restrictive; Time Will Tell If It Is "Sufficiently" Restrictive
From bnnbloomberg.ca|Apr 17, 2024Jane Street Group LLC generated $10.6 billion in net trading revenue last year — one of many big numbers demonstrating its presence as a major market maker eyeing ever-more ...
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From abs.gov.au|Apr 17, 2024|1 commentIn trend terms, in March 2024: • unemployment rate remained at 3.9%. • participation rate decreased to 66.6%. • employment increased to 14,259,800. • employment to population ...
From rba.gov.au|Apr 17, 2024Full employment is a longstanding objective of monetary policy in Australia, alongside price stability. The Reserve Bank Board aims to achieve the maximum level of employment ...
From forexlive.com|Apr 17, 2024This quarterly survey does not attract the same amount of attention as the monthly survey. Thats doubly so today given it was released at the same time as the much-awaited (it ...
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- Posted: Apr 17, 2024 8:48pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 3,611
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