Trading Forex Online with Easy Forex 22/07/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar fell across the board on an eventful day which seemed straight out of a Hollywood thriller. The markets were jolted by the unexpected announcement from China to re-value the Yuan and remove its fixed… read more
Daily
The following is a summary of the previous day’s foreign exchange market movements in the major currencies and the commodities markets. It is meant as an informative guide to the reasons underlying currency and commodity movements seen in the previous day’s foreign exchange trading. Together with a market snapshot at close of the New York session, indicators/events released during the session are outlined compared with their expected level of influence before release. This fundamental analysis summary also highlights upcoming data/events which may influence currency movements upon their release.
You will also find a technical analysis snapshot at time of release, highlighting support and resistances of each of the major currencies and gold. Coupled together with the reasons behind these important levels, traders can expect some support or resistance when these levels are reached.
Australian FOREX Daily Outlook 21/07/2005
July 21, 2005Trading Forex Online with Easy Forex 21/07/05 (05:00 GMT) FOREX – Australian Dollar Market Summary Dollar rallied and then crashed across the board due to conflicting interpretations of Greenspan’s testimony. As expected he was very optimistic on the growth outlook of the economy and expects conditions to further improve in… read more
Australian FOREX Daily Oulook 20/07/2005
July 20, 2005Trading Forex Online with Easy Forex 20/07/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar rallied across the board but gave back most of its gains especially against the Euro as the market is looking to adopt a neutral position ahead of Greenspan’s testimony (14:00GMT). The volatile moves emanated… read more
Australian FOREX Daily Oulook 19/07/2005
July 19, 2005Trading Forex Online with Easy Forex 19/07/05 (07:00 GMT) FOREX – Australian Dollar Market Summary Dollar has rallied across the board at the start of today’s European session, after it got yet another boost from data releases with sentiment squarely in its favour. Yesterday the healthy capital inflow data did… read more
Australian FOREX Daily Oulook 18/07/2005
July 18, 2005Trading Forex Online with Easy Forex 18/07/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar rallied on Friday after a blockbuster manufacturing and production outcome which helped offset the tame producer inflation figure which wasn’t a big surprise since consumer figures released the day before were tame as well…. read more
Australian FOREX Daily Outlook 15/07/2005
July 15, 2005Trading Forex Online with Easy Forex 15/07/05 (04:00 GMT) FOREX – Australian Dollar Market Summary Dollar strengthened mildly as data for the second consecutive day surprised, but this time to the downside. Consumer Inflation was below expectations in spite of rising oil prices. While retails sales did increase more than… read more
Australian FOREX Daily Oulook 15/07/2005
July 15, 2005Trading Forex Online with Easy Forex 15/07/05 (06:00 GMT) FOREX – Australian Dollar Market Summary Dollar strengthened mildly as data for the second consecutive day surprised, but this time to the downside. Consumer Inflation was below expectations in spite of rising oil prices. While retails sales did increase more than… read more
Australian FOREX Daily Outlook 14/07/2005
July 14, 2005Trading Forex Online with Easy Forex 14/07/05 (06:00 GMT) FOREX – Australian Dollar Market Summary Dollar got an unexpected boost by the lower than estimated trade deficit data, while the budget deficit forecasts were revised down. However the result was not a reflection of the current environment, as oil prices… read more
Australian FOREX Daily Outlook 13/07/2005
July 13, 2005Trading Forex Online with Easy Forex 13/07/05 (06:00 GMT) FOREX – Australian Dollar Market Summary Dollar slipped further as old ghosts came back to haunt it, with the market abound with speculation of a record high trade deficit outcome. The reason behind this has been the high trade surplus outcome… read more
Australian FOREX Daily Outlook 12/07/2005
July 12, 2005Trading Forex Online with Easy Forex 12/07/05 (02:00 GMT) FOREX – Australian Dollar Market Summary Dollar slipped significantly yesterday as well as the start of the Australasian session today. The market has shifted its focus on the structural imbalances plaguing the American economy, it is feared that tomorrows trade balance… read more
