2013-11-10 08:00:15-05
AUD/USD posted modest gains last week, as the pair dropped below the
0.94 line, closing at 0.9385. This week’s key event is NAB Business
Confidence. Here is an outlook on the major market-movers and an updated
technical analysis for AUD/USD. Australian employment numbers were weak
and the RBA maintained rates.
2013-11-10 08:44:58-05
EUR/USD: A follow through on its previous week decline has left EUR
targeting further downside. Support lies at the 1.3300 level with a
break turning focus to the 1.3250 level and possibly lower towards the
1.3200 level.
2013-11-10 10:25:15-05
GBP/USD bounced back and crossed above the 1.60 level, gaining about one
cent last week. The pair closed at 1.6018. This week’s key events
include CPI, Claimant Count Change and Retail Sales.
2013-11-10 11:35:28-05
The Japanese yen showed some strength last week but ended the week
almost unchanged as USD/JPY closed the week just above the 99 line.
There are nine events in the upcoming week.
No comments:
Post a Comment