Today is U.S & Canada holidays and as mentioned, the liquidity was thin throughout the session without any tier one datas or news to drive the market.
The only tier one data was the RBA minutes just released now in Asian session, and basically there wasn’t too much insight expect that RBA concluded that steady rates are consistent with economic growth and inflation targets. They also mentioned that an appreciation in AUD would complicate the economic transition, the downwards pressure on inflation can potentially be more persistent than assumed.
French election continues with Le Pan once again taking the lead in polls.
German officials continues to complain about the low currency of Euro.
UK House of Lord started a two day debate on Brexit bill.
Our analysis for each currencies are still the same as our Weekly Outlook because there really weren’t any new updates.
Tomorrow is another light economic calendar day with only 2 tier one datas of NZD GDT Price Index & RBA Gov Lowe Speaks again.
Today is U.S & Canada holidays and as mentioned, the liquidity was thin throughout the session without any tier one datas or news to drive the market.
The only tier one data was the RBA minutes just released now in Asian session, and basically there wasn’t too much insight expect that RBA concluded that steady rates are consistent with economic growth and inflation targets. They also mentioned that an appreciation in AUD would complicate the economic transition, the downwards pressure on inflation can potentially be more persistent than assumed.
French election continues with Le Pan once again taking the lead in polls.
German officials continues to complain about the low currency of Euro.
UK House of Lord started a two day debate on Brexit bill.
Our analysis for each currencies are still the same as our Weekly Outlook because there really weren’t any new updates.
Tomorrow is another light economic calendar day with only 2 tier one datas of NZD GDT Price Index & RBA Gov Lowe Speaks again.