OzForex CEO Neil Helm talking about the company's growth journey and its secrets to success http://www.sparke.com.au/insights/interview-with-2013-growth-company-of-the-year-winner-neil-helm/ Show More
If jobs don't impact the US dollar, what does? http://blog.ozforex.com.au/business-fx/jobs-dont-impact-us-dollar/ Show More
Next weeks EU CPI reading could increase the likelhood of ECB implementing QE which would send AUD/EUR higher http://www.businessspectator.com.au/article/2014/4/8/markets/euro-has-yet-reflect-grim-reality Show More
The RBA has the perfect opportunity to try and talk down the Aussie this week but will they? http://blog.ozforex.com.au/business-fx/rba-really-want-lower-aussie-dollar/ Show More
China's National People's Congress and its 2014 GDP forecast could hold bigger sway for the Australian dollar this week than Ukraine tension, central bank meetings or local economic figures http://www.businessspectator.com.au/article/2014/3/4/markets/aussie-dollars-npc-hurdle Show More
There is one important piece of Australian economic data out this week - CAPEX. As always RBA will be watching this one closely. http://www.businessspectator.com.au/article/2014/2/25/markets/will-aussie-dollar-drop-over-capex-cliff Show More
Not all manufacturers want a lower Aussie dollar http://www.businessspectator.com.au/article/2014/2/11/markets/downside-lower-australian-dollar Show More
One of the more keenly anticipated RBA meetings in a while due to last CPI report. Could be AUD positive and provide another opportunity to short it above 89 cents http://lnkd.in/bfKB7jF Show More
Doing a job on the Aussie dollar. While Chinese data grabs the limelight in Asia, it is the labour market that holds the key for the Australian dollar http://blog.ozforex.com.au/ Show More
Will the RBA get its way on the Aussie in 2014? The central bank's timing could be perfect and the market may just help to deliver the RBA what it wants - a lower Aussie http://www.businessspectator.com.au/article/2014/1/6/currency/will-rba-get-its-way-aussie-2014 Show More
RBA Deputy Lowe's comments yesterday about a high threshold for currency intervention and the fact the AUD/USD is 10-15% overvalued tells me they wont be aggressively selling the Aussie any time soon. If it was still at or above parity maybe but not from these levels. I think the sell off... Show More
Is a liberalised Chinese currency good or bad for the Aussie dollar? Currency liberalisation is coming, according to Chinese officials. Following the meeting of over 350 top Communist Party officials, known as the third plenum, China has given the signal that controls will eventually be eased. China's central bank governor... Show More
Market may have got ahead of itself on the USD rally over the last week or so. I think we may have seen the high in the Greenback for 2013, particularly against the GBP and NZD http://www.abc.net.au/news/2013-11-14/global-currency-outlook/5091428?section=australianetworknews Show More
The total value of Australian exports to all countries around the world rose by 0.5% following a 3.5% increase the previous month, to be 15% higher than they were 12 months ago. I am sure this next piece of information, however, is music to a China bulls' ears - the... Show More
Yes James the U.S consumer is also very important but feel they are still quite reserved, Christmas will be a good measure of where they are at for sure. Whilst last weeks GDP and employment reports are positive the overall employment trend is still not strong enough. Can the U.S sustain jobs growth like this for the next few months and into next year? I don't think so
No great surprise in regards to NPC sticking to 2013 GDP and CPI forecasts. Risks to growth still to the downside though in 2014 - their 2013 call may have just been too early. Ministry of Finance hold press conference tomorrow morning expected to talk about fiscal issues. So more on guidance expected.
Thanks James and happy new year to you too. It is a rather crude way to estimate the completion of QE i.e a steady 10-15 bil every month. I expect we will get updates from the Fed throughout the year and a lot will depend on Treasuries and pricing around rate hikes. Fed may drag QE out further depending on markets behaviour.
Agree Jay - Fed taper more likely to be a softly softly approach and unless we get firm guidance or a timeline (which I don't think we will next week) then USD could continue to slide against EUR, GBP and to a lesser extend the Aussie dollar
Thanks Evan, Yes timing is difficult to pin down but trend is there already and likely to continue. Was interesting to see AUD initially rise when the news broke. This is because you would initially expect USD weakness (selling USD buying CNY) but over the longer term would be AUD negative for reasons I touched on in that piece.