AUD/USD and NZD/USD News and Analysis
The Australian and New Zealand dollars were steady against their U.S. counterpart on Monday, as sentiment on the greenback remained vulnerable after the Federal Reserve’s latest policy decision, while downbeat New Zealand trade data weighed on the local currency.
AUDUSD was little changed at 0.7625.
Markets were still digesting the he Fed’s decision to leave interest rates unchanged at the conclusion of its policy meeting on Wednesday, although it hinted that a hike could come in December if the job market continued to improve.
NZDUSD held steady at 0.7246.
Statistics New Zealand said over the weekend that the trade deficit widened to NZ$1,265 million in August from NZ$433 million the previous month.
Analysts had expected the trade deficit to widen to $NZ766 million last month.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 95.40.
Ahead of the coming week, Solforex has compiled a list of these and other significant events likely to affect the markets.
In the U.S., the first debate between U.S. presidential candidates to hold.
Also, data on new home sales and manufacturing in Dallas region are to be reported in the U.S.
The Federal Reserve Janet Yellen is to speak at an event in Washington D.C.
In the U.S., data on hosing price index, Markit PMI and consumer sentiment are to be reported.
ECB President Mario Draghi is to speak about current development in the euro zone in Berlin.
The Federal Reserve Chair Janet Yellen is to testify at the House Financial Services Committee.
St. Louis Fed chief James Bullard is to speak at an event in St. Louis.
The Bank of Japan Governor Haruhiko Kuroda is to speak in Tokyo.
Japan is to release data on consumer sentiment.
Germany is to report on preliminary inflation data and unemployment changes.
The U.K. is to publish data on mortgage claims.
Euro zone is to produce data on business and consumer sentiments.
The U.S. is to release data on wholesale inventory, second quarter GDP, personal spending and initial jobless claims.
In China, Caixin manufacturing index is to be published.
The U.K. is to report on revised second quarter GDP.
The euro zone is to release data on consumer inflation.
Germany is to report on retail sales.
The U.S. is to publish data on personal income and spending and business activity in Chicago.
Tags : AUD/USD and NZD/USD News and Analysis Commodity currencies release data on unemployment SolForex Broker -Review and Forex Rebates Up to 85% Weekly Forex Events