Fundamental view: US New Home Sales at 24th July created a bearish trend whereas Australia RBA Gov Lowe Speech at 21st July, Australia Retail Sales monthly report at 22nd July, US Unemployment Claims at 23rd July, Australia Flash Manufacturing PMI at 23rd July created bullish trend for the pair. Optimistic speech of RBA Deputy Gov [...]
Fundamental view: US Federal Budget Balance at July 13 and US Industrial Production monthly report at July 15 created a bearish move for the pair whereas NAB Business Confidence at July 14 supported AUD and US Unemployment Claims at 16th June acted as a catalyst for the downtrend move for dollar and boosted bullish move [...]
Fundamental view: US ISM Non-Manufacturing PMI at 6th July and US Unemployment Claims released at 9th July acted as a catalyst for the uptrend move for dollar and boosted bearish move for the pair whereas Australia ANZ Job Advertisements monthly report at 6th July and US crude oil inventories at 8th July created a bullish [...]
Fundamental view: RBA Deputy Gov Debelle Speaks of the last week at 30th June 2020 created a bullish move for the pair whereas Non-Farm Employment Change at 1st July as a catalyst for the downtrend move for dollar and boosted bullish move for the pair. Improvement in the cases of corona virus and steps taken [...]