AUDUSD Fundamental Analysis – March 15th 2016

AUDUSD Fundamental Analysis – March 15th 2016

Written by: PaxForex analytics dept - Tuesday, 15 March 2016 0 comments

Here is the key factor to keep in mind today for Australian Dollar trades:

  • Australian New Motor Vehicle Sales: Australian New Motor Vehicle Sales for February decreased by 0.1% monthly and increased by 2.3% annualized. Forex traders can compare this to Australian New Motor Vehicle Sales for January which increased by 0.4% monthly and by 5.2% annualized.

Here are the key factors to keep in mind today for US Dollar trades:

  • US Advanced Retail Sales: US Advanced Retail Sales for February are expected to decrease by 0.1% monthly. Forex traders can compare this to US Advanced Retail Sales for January which increased by 0.2% monthly. US Advanced Retail Sales Less Autos for February are expected to decrease by 0.2% monthly. Forex traders can compare this to US Advanced Retail Sales Less Autos for January which increased by 0.1% monthly. US Advanced Retail Sales Excluding Auto and Gas for February are expected to increase by 0.2% monthly. Forex traders can compare this to US Advanced Retail Sales Excluding Auto and Gas for January which increased by 0.4% monthly. US Advanced Retail Sales Control Group for February are expected to increase by 0.2% monthly. Forex traders can compare this to US Advanced Retail Sales Control Group for January which increased by 0.6% monthly.
  • US PPI and Core PPI: The US PPI for February is expected to decrease by 0.2% monthly and to increase by 0.1% annualized. Forex traders can compare this to the US PPI for January which increased by 0.1% monthly and decreased by 0.2% annualized. The US Core PPI for February is expected to increase by 0.1% monthly and by 1.2% annualized. Forex traders can compare this to the US Core PPI for January which increased by 0.4% monthly and by 0.6% annualized.
  • US Empire Manufacturing Index: The US Empire Manufacturing Index for March is predicted at -11.50. Forex traders can compare this to the US Empire Manufacturing Index for February which was reported at -16.64.
  • US Business Inventories: US Business Inventories for January are expected at 0.0% monthly. Forex traders can compare this to US Business Inventories for December which increased by 0.1% monthly.

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.