Weekly Forex Outlook: 30/06/2023 – Will US nonfarm payrolls and RBA decision rock the boat?
June 30, 2023 11:27 am
Markets have been left somewhat bruised from a fresh round of hawkish gunfire from central bank chiefs so nerves are running high ahead of the June jobs report out of America. The ISM PMIs and the Fed meeting minutes are also expected to send speculation about a July rate hike into overdrive. However, Australia’s Reserve Bank might decide against raising interest rates thrice in a row. The yen, meanwhile, will be hoping that Japanese data will provide some relief from its selloff.
0:00 Intro 0:28 Fed and US dollar 2:08 NFP report 3:50 RBA decision and aussie 5:42 Japanese data and yen
For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Forex Outlook article:
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The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
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Markets have been left somewhat bruised from a fresh round of hawkish
gunfire from central bank chiefs so nerves are running high ahead of the
June jobs report out of America. The ISM PMIs and the Fed meeting
minutes are also expected to send speculation about a July rate hike into
overdrive. However, Australia’s Reserve Bank might decide against raising
interest rates thrice in a row. The yen, meanwhile, will be hoping that
Japanese data will provide some relief from its selloff.
0:00 Intro
0:28 Fed and US dollar
2:08 NFP report
3:50 RBA decision and aussie
5:42 Japanese data and yen
For more information on the topics discussed in this video, including
detailed charts and tables, read the full Weekly Forex Outlook article:
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
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