Looking Forward 23 May 2016

World Interest rate changes is the recent leading investor trading direction, Iron ore and crude oil also affect Aussie dollar, but not direct impact as interest rate.

Major event this week is Tuesday RBA Stevens speech, market expecting any indicator on upcoming interest rate decision.

US figure are supporting their interest rate rise on June, this will continues affecting market sentiment, any related interest rate news may give this fragile market a swing.

furthermore, Britain June referendum also is the market concerned.

modern glass apartment blocks of skyscrapers at night

Posted in Foreign Exchange News.