wrapper

AUD/USD Weekly Forecast – 03 April – 07 April

Saturday, Apr 01 2017
AUD/USD Weekly Forecast – 03 April – 07 April

Events that marked the week:

Thursday brought HIA New Home Sales figures. Australian new home sales edged up slightly in February, although the underlying trend continued to show a gradual down cycle in the market. The Housing Industry Association (HIA) reported that its monthly survey of large-volume builders showed new home sales nudged up 0.2% in February, following a drop of 2.2% the previous month.

On Friday, from Australia, only minor importance, Private Sector Credit data was published. The total amount of new credit issued to consumers and businesses in Australia rose less-than-expected last month, official data showed on Friday. In a report, Reserve Bank of Australia said that Australian Private Sector Credit rose to a seasonally adjusted 0.3%, from 0.2% in the preceding month. Analysts had expected Australian Private Sector Credit to rise 0.5% last month.

 

This week markets will be looking at:

 

Retail Sales (Monday 1:30)

Building Approvals (Monday 1:30)

Trade Balance (Tuesday 1:30)

Cash Rate/RBA Statement (Tuesday 4:30)

More in this category: « EUR/USD Weekly Forecast – 03 April – 07 April GBP/USD Weekly Forecast – 03 April – 07 April »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.