Analisi Fondamentale

Good morning, Australian GDP at 3.1% from last year’s 3.5% was slightly above the 3.0% that had been expected with Reserve Bank of Australia’s Glenn Stevens warning of housing bubble risk, and stressed the importance of business investment to help the Australian economy move away from its reliance of mining investment. AUDUSD was trading at[...]

Good morning, Japanese Yen lost ground overnight, dropping to 104.84 against the USD. The Reserve Bank of Australia left rates unchanged at 2.5% with Gross Domestic Product figures due out in the next 24 hours. Expectations are for a 3.0% increase, from 3.5% from the second quarter last year. AUDUSD was trading at 0.9288 at[...]

Good morning, Markets in the US and Canada remain closed today for Labour Day, which leaves Asian and European markets in line for higher volumes today. Starting the Asian session it was announced that Japanese Capital Spending was up by 3.0% for the second quarter, below expectations and down from 7.4% previously. USDJPY was trading[...]