Weekly Forex Outlook: 30/09/2022 – RBA and RBNZ to weigh 50-bps hikes but NFP report to set the mood
September 30, 2022 12:04 pm
The antipodean central banks will kick off the new month with their October policy decisions, but the latest jobs report out of the US could steal the limelight amid the never-ending anticipation of when the Fed will reach peak hawkishness. Following the latest panic in the markets and the renewed rush to buy US dollars, the Reserve Banks of Australia and New Zealand might be more inclined to maintain their aggressive pace of tightening and not ease up just yet. The dollar’s latest rampage has left few survivors and so investors will probably be hoping for a soft jobs print this time to stop the bleeding in non-dollar assets.
0:00 Intro 0:22 Nonfarm Payrolls 2:03 US Dollar 2:39 RBA and Aussie 4:17 RBNZ and Kiwi 5:48 Canadian Jobs 6:47 OPEC Meeting
For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead 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
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.
The antipodean central banks will kick off the new month with their October policy decisions, but the latest jobs report out of the US could steal the limelight amid the never-ending anticipation of when the Fed will reach peak hawkishness. Following the latest panic in the markets and the renewed rush to buy US dollars, the Reserve Banks of Australia and New Zealand might be more inclined to maintain their aggressive pace of tightening and not ease up just yet. The dollar’s latest rampage has left few survivors and so investors will probably be hoping for a soft jobs print this time to stop the bleeding in non-dollar assets.
0:00 Intro
0:22 Nonfarm Payrolls
2:03 US Dollar
2:39 RBA and Aussie
4:17 RBNZ and Kiwi
5:48 Canadian Jobs
6:47 OPEC Meeting
For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead article:
https://www.xm.com/research/analysis/forexPreviews/xm/week-ahead-rba-and-rbnz-to-weigh-50-bps-hikes-but-nfp-report-to-set-the-mood-167609
Risk Warning: 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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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