Here are the key factors to keep in mind today for Australian Dollar trades:
- Australian ANZ Roy Morgan Consumer Confidence Index: The Australian ANZ Roy Morgan Consumer Confidence Index for the week of January 24th was reported at 112.2. Forex traders can compare this to the Australian ANZ Roy Morgan Consumer Confidence Index for the week of January 17th which was reported at 113.3.
- Australia Westpac Leading Index: The Australia Westpac Leading Index for December decreased by 0.3% monthly. Forex traders can compare this to the Australia Westpac Leading Index for November which decreased by 0.3% monthly.
- Australian Skilled Vacancies: Australia Skilled Vacancies for December increased by 0.4% monthly. Forex traders can compare this to Australia Skilled Vacancies for November which increased by 1.2% monthly.
- Australian CPI: The Australian CPI for the fourth-quarter increased by 0.4% quarterly and by 1.7% annualized. Economists predicted an increase of 0.3% quarterly and 1.6% annualized. Forex traders can compare this to the Australian CPI for the third-quarter which increase by 0.5% quarterly and by 1.5% annualized. The Australian CPI RBA Trimmed Mean for the fourth-quarter increased by 0.6% quarterly and by 2.1% annualized. Economists predicted an increase of 0.5% quarterly and 2.1% annualized. Forex traders can compare this to the Australian CPI RBA Trimmed Mean for the third-quarter which increase by 0.3% quarterly and by 2.1% annualized. The Australian CPI RBA Weighted Mean for the fourth-quarter increased by 0.5% quarterly and by 1.9% annualized. Economists predicted an increase of 0.5% quarterly and 2.1% annualized. Forex traders can compare this to the Australian CPI RBA Weighted Mean for the third-quarter which increase by 0.4% quarterly and by 2.1% annualized.
Here are the key factors to keep in mind today for US Dollar trades:
- US New Home Sales: US New Home Sales for December are predicted to increase by 2.0% monthly to 500K. Forex traders can compare this to US New Home Sales for November which increased by 4.3% to 490K
- US Fed Decision: The Federal Reserve is predicted to leave interest rates at 0.50%. Forex traders can compare this to the previous decision to raise interest rates to 0.50%.
Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.
