There is not a lot on the data agenda for the session ahead, the Reserve Bank of Australia statement will be the focus although it shouldn’t move the AUD too much upon release. The Statement on Monetary Policy (SoMP) will update economic forecasts and the Bank’s assessment on the balance of risks to the outlook
Can the ECB squeeze in one more interest rate hike for the road? Or are they done tightening this time? Here’s what market watchers are expecting for the September ECB decision and how the euro might react. Event in Focus: European Central Bank (ECB) Monetary Policy Statement When Will it Be Released: September 14, Thursday:
AUD/USD, GBP/AUD PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free AUD Forecast Most Read: The Reserve Bank of Australia: A Trader’s Guide AUD FUNDAMENTAL BACKDROP The Australian Dollar continued its recovery overnight with modest gains against both the Greenback and the GBP. The week thus far has proven to be another challenging
MON: OPEC MOMR, EZ Industrial Production (Sep), Japanese GDP (Q3). TUE: RBA Minutes (Nov), IEA OMR; Chinese Retail Sales (Oct), UK Unemployment Rate (Sep), Claimant Count (Oct), Swedish CPIF (Oct), EZ Trade Balance (Sep), GDP Flash Estimate (Q3), US PPI Final Demand (Oct). WED: UK CPI (Oct), US Export/Import Prices (Oct), US Retail Sales (Oct),