What’s In Store For Today : More AUD/USD Weakness

  • New Zealand 2nd qtr Terms of Trade Index (survey -2.0%, prior -2.3%) @ 22:45 GMT.
  • U.K. Lloyds August Business Barometer (prior -8) @23:01 GMT.
  • Australia August AiG Performance of Manufacturing Index (prior 40.3) @23:30 GMT.
  • Japan 2nd qtr Capital Spending (survey 8.9%, prior 3.3%) @23:50 GMT.
  • S. Korean HSBC Manufacturing PMI (prior 47.2) @ 00:00 GMT.
  • Australia RP Data -Rismark House PX actual m/m (prior 0.6%) @ 00:00 GMT.
  • Australia MI August Inflation Gauge m/m (prior 0.2%) y/y (prior 1.5%) @ 00:30 GMT
  • China August Non-Manufacturing PMI (prior 55.6)@ 01:00 GMT
  • Australia company Operating Profit (survey 1.0%, prior -4.0%) @ 01:30 GMT.
  • Australia July Retail Sales s.a. m/m (survey 0.2%, prior 1.0%)@01:30 GMT.
  • ANZ August Job Advertisements (prior -0.8%) @ 01:30 GMT.
  • China HSBC August Manufacturing PMI (prior 49.3) @02:30 GMT .

U.S. dollar opens firmer with the Fed prepared to act sometime in mid-September depending on the employment data (Friday) and other signs of further weakness in the economy . AUD/USD continues under pressure as China PMI number (49.2 ) disappoints along with recent declines in iron ore making headlines . Still a holiday market tonight with one more day before the real September rush begins .

  • EUR/USD @ 1.2562/67 (down from 1.2579)
  • USD/JPY @ 78.33/36 (down from 78.39)
  • GBP/USD @ 1.5880/86 (up from 1.5866 )
  • USD/CAD @ 0.9873/81 (up from 0.9863)
  • AUD/USD @ 1.0283/87 low so far today is 1.0267/72(down from 1.0322 )
  • NZD/USD @ 0.8006/11 (down from 0.8034)

Good Luck Today .

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