USD Direction this week: Range Bound
|Tuesday||wholesale inventories, Lockhart speaks;|
|Thursday||producer prices, jobless claims, trade balance, Dudley, Lockhart, Raskin speaks;|
|Friday||consumer prices, consumer confidence, Bernanke, Dudley speaks;|
AUD/USD Direction this week: Range bound
This currency pair is like to range this week being influenced mainly by Chinese economic events. It is expected to see positive tone of Chinese data which should have positive influence on the pair.
Potential currency movers:
|Friday||China GDP, China industrial production, China retail sales;|
AUD/JPY Direction this week: Bullish
The risk of further policy loosening announced Bank of Japan, dovish BoJ meeting statement, advantageous yield and positive Chinese data will have positive influence on AUD/JPY currency pair.
|Friday||CPI, Industrial production;|