Macroeconomic Analysis And Trading Ideas

The Aussie Dollar experienced strength throughout 2017 against its US counterpart with a strong rally to finish the year before forming a double top last week. Over the past week, AUDUSD has fallen almost 2%, following a CPI miss in Australia and a positive earnings report in the United States. Is this a sign of things to come for the remainder of 2018 or will...

This is a daily NZD/USD chart. Later today we have key New Zealand Q4 CPI data and comments from RBNZ Governor Wheeler. Both releases are likely to provide volatility so it would be wise to cover open positions and avoid opening positions around the time of the data and speech (21:45 GMT and 23:00 GMT). Data from New Zealand has been mostly positive since the last...