Thoughts on "smart traders"
Statistics fueled the next RBA meeting July 7, 2015
Australian statistics this week order annoy AUD: concerns are confirmed by the IMF, the dynamics of the economy is shrinking. Before the meeting of the Reserve Bank of Australia on Tuesday, July 7, this trend could trigger further easing measures by the regulator.
Retail Sales: 0.3% vs. 0.5% forecast.
Trade Balance: - $ 2.7 billion. vs. forecasted -2.2 $
Stevens (RBA): Alternative measures of monetary policy will be used for some time
IMF: The period of high economic growth in Australia is completed
The door, as they say, to reduce interest rates open and drafty, well, did not give it to close.
... While we focus on the word note "until" the analysts do not put in the official forecasts of lower interest rates, as of Friday, have 2% in the forecast. It is possible that the forecast may be adjusted.
Watching the forecast and try to figure out before the publication of what is the percentage of probability of a rate cut Markets (but not analysts) lay in the price at the moment.
Recall that the RBA rate cut essentially stopped a number of factors and without reduction AUDUSD, as well as increasing the probability of% by the US Federal Reserve.
Statistics fueled the next RBA meeting July 7, 2015
Australian statistics this week order annoy AUD: concerns are confirmed by the IMF, the dynamics of the economy is shrinking. Before the meeting of the Reserve Bank of Australia on Tuesday, July 7, this trend could trigger further easing measures by the regulator.
Retail Sales: 0.3% vs. 0.5% forecast.
Trade Balance: - $ 2.7 billion. vs. forecasted -2.2 $
Stevens (RBA): Alternative measures of monetary policy will be used for some time
IMF: The period of high economic growth in Australia is completed
The door, as they say, to reduce interest rates open and drafty, well, did not give it to close.
... While we focus on the word note "until" the analysts do not put in the official forecasts of lower interest rates, as of Friday, have 2% in the forecast. It is possible that the forecast may be adjusted.
Watching the forecast and try to figure out before the publication of what is the percentage of probability of a rate cut Markets (but not analysts) lay in the price at the moment.
Recall that the RBA rate cut essentially stopped a number of factors and without reduction AUDUSD, as well as increasing the probability of% by the US Federal Reserve.
Only the price on the chart can show the entrance to the deal...