AUD/USD Fundamental Analysis April 12, 2012 Forecast

Analysis and Recommendation: (close of Asian session)

The AUD/USD  is exchanging at 1.0290.

The Australian dollar has fallen on weakened euro zone markets.

CMC Markets chief market strategist Michael McCarthy said the local currency had been pushed down by moves in Europe, and as the US dollar regained some strength.

The overnight concerns about Spanish debt were not necessarily the cause of the weakness in European markets.

 

Economic Reports for April 10-11, 2012 actual v. forecast that affect the AUD, NZD, CNY and JPY

   

USD

 

 

 

FOMC Member Fisher Speaks 

 

 

 

 

 

 

 

 

 

NZD

 

 

 

NZIER Business Confidence 

13

 

 

 

 

 

Apr. 11

 

AUD

 

 

 

Westpac Consumer Sentiment 

-1.60%

 

 

 

-5.00% 

 

 

 

 

AUD

 

 

 

Home Loans (MoM) 

-2.5%

 

-3.5% 

 

-1.1% 

   

 

 

JPY

 

 

 

BoJ Monthly Report 

 

 

 

 

 

 

 

Economic Events for April 12, 2012 for AUD, NZD,CNY and JPY

02:30     AUD      Employment Change                                    6.0K                       -15.4K                  

02:30     AUD      Unemployment Rate                                    5.3%                      5.2%

Employment Change measures the change in the number of people employed. Job creation is an important indicator of consumer spending. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. 

Government Bond Auctions April 10-20, 2012

Apr 12  09:10  Italy   BTP/CCTeu auction

Apr 12  09:30  UK  Gbp 2.0bn 4.25% Jun 2032 Conventional Gilt

Apr 12  15:00  US  Announces auction of 5Y TIPS on Apr 19

Apr 12  17:00  US  Auctions 30Y Bonds

Apr 13  10:00  Belgium  OLO mini bond auction

Apr 16-30 n/a  UK Re-opened 3.75% 2052 Conventional Gilt syndication

Apr 16  09:10  Slovakia  Auctions floating rate Nov 2016 & 4.35% Oct 2025 & Bonds

Apr 16  09:10  Norway  T-bill auction

Apr 17  08:30  Spain  12 & 18M T-bill auction

Apr 17  09:30  Belgium  Auctions 3 & 12M T-bills

Apr 18  09:10  Sweden  Nominal bond auction

Apr 18  09:30  Germany  Eur 5.0bn 0.25% Mar 2014 Schatz

Apr 18  14:30  Sweden  Details T-bill auction on Apr 25

Apr 19  08:30  Spain  Obligacion auction

Apr 19  08:50  France  BTAN auction

Apr 19  09:30  UK  Auctions 0.125% I/L Gilt 2029

Apr 19  09:50  France  OATi auction

Apr 19  15:00  US Announces 2Y Notes on Apr 24, 5Y Notes on Apr 25 & 7Y Notes on Apr 26

Apr 19  17:00  US  Auctions 5Y TIPS 

Apr 20  15:30  Italy   Details CTZ/BTPei on Apr 24 & BOT on Apr 26

 

 

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