by Henry Liu on December 8, 2009
7:30pm (NY Time) AU Employment Changes Forecast 5.3K Previous 24.5K
ACTION: AUD/USD BUY +40K SELL -25K
Our focus will be on the Australian Employment Changes release today as this news release is equivalent to US Nonfarm Payroll for Australia. This release is considered as a high impact report (and possibly trend changing) as the job’s market have a direct influence over the health of the economy, which in turn affects inflation, and inflation will affect future RBA monetary policy. If the actual release is better, it would be good for AUD and we would be looking to BUY AUD/USD, if the actual release is worse, it would be bad for AUD and we should be looking to SELL AUD/USD.
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by Henry Liu on November 10, 2009
7:30pm (NY Time) AU Employment Changes Forecast -10.0 Previous -40.6K
ACTION: AUD/USD BUY +15K SELL -40K
As we know this news release is equivalent to US Nonfarm Payroll changes but for Australia, and it is a high impact report as the job’s market have a direct influence over the health of the economy, which affects inflation, and inflation will affect future RBA monetary policy. If the actual release is better, it would be good for AUD and we would be looking to BUY AUD/USD, if the actual release is worse, it would be bad for AUD and we should be looking to SELL AUD/USD.
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by Henry Liu on October 6, 2009
[flv:http://www.newsprofiteer.com/100709-auemployment/100709-auemployment.mp4 480 360]
8:30pm (NY Time) AU Employment Changes Forecast -9.7 Previous -21.1K
ACTION: AUD/USD BUY +15K SELL -33K
This news release is similar to US NFP, but for Australia. It is as a high impact report as the job’s market have a direct influence over the health of the economy. If the actual release is better, it would be good for AUD and we would BUY AUD/USD, if the actual release is worse, it would be bad for AUD and we would SELL AUD/USD.
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by Henry Liu on September 8, 2009
9:30pm (NY Time) AU Employment Changes Forecast -14.7 Previous 32.2K
ACTION: AUD/USD BUY +10K SELL -38K
This news release is similar to US NFP, but for Australia. It is considered as a high impact report. If the release is better, which will be good for AUD, we would BUY AUD/USD, if the release is worse, which will be bad for AUD, we would SELL AUD/USD.
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by Henry Liu on August 11, 2009
5:30am (NY Time) BOE Inflation Report N/A
ACTION: GBP/USD or GBP/JPY BUY Hawkish SELL Dovish
This is a quarterly report from BOE on projections of inflation and the economy for the next 2 years. It is a very high impact report and it could affect the short-term to mid-term trend of Sterling.
If BOE is optimistic in its projection and focus on recovery, we should see immediately appreciation of GBP; if the opposite is true, then Sterling will probably drop substantially. We’ll look at market reaction then wait for entry.
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by Henry Liu on August 4, 2009
9:30pm (NY Time) AU Employment Changes Forecast -17.8 Previous -21.4K
ACTION: AUD/USD BUY +6K SELL -40K
This news release is similar to US. Non-Farm payroll. It is a high impact report. If the number is better, which is good for Audi, we would BUY AUD/USD, if the number is worse, which is bad for Audi, we would SELL AUD/USD.
In order to BUY AUD/USD, we should be looking for a positive number of at least 6K; to SELL AUD/USD, we need a minimum of -40K or worse to be taking the trade safely.
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