August 7, 2014
02:30 AUD Employment Change -0.3K 12.0K 14.9K 02:30 AUD Full Employment Change 14.5K -3.8K 02:30 AUD Participation Rate 64.8% 64.7% 64.7% 02:30 AUD Unemployment Rate 6.4% 6.0% 6.0% With a daily high of 0.9357, worse than expected numbers out of Australia pushes AUDUSD below 0.9300. A break past 0.9260 could potentially… View Article
August 6, 2014
GBP vs commodity currencies such as NZD AUD and CAD still look like they have room to the upside, especially as they are trending strongly. GBPNZD has hit the 10 EMA and has a perfect setup to go long if you are looking at the Parkers Strategy. GBPAUD and GBPCAD have hit short term oversold… View Article
August 5, 2014
Recently, after a slightly softer run out economic data, this morning we have the CIPS services survey data which came in better than expected pointing to the UK economy certainly not running out of steam. This has also increased the probability that the MPCs interest rate vote later this week will be split. As a… View Article
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