Tactical Considerations For The AUD
The AUD is the biggest under-performer among the major currencies after it found a peak back in February.
The AUD is the biggest under-performer among the major currencies after it found a peak back in February.
The incoming jobs data will be critical to the markets, as the data will give us a hint on whether the Fed will choose a slow or fast taper.
Attention turns to the incoming US CPI print to see whether we have any stronger than expected acceleration or deceleration in price pressure.
The RBA took markets by surprise at their August meeting by deciding to stick to their planned September tapering.