24/08/2021 Tuesday

AUDUSD Day’s Range: 0. 72179  – 0.71486   Investors see hope for the Australian economy in the coming years. Prime Minister Morrison plans to remove the strict lockdowns once the vaccination level reaches 70% to 80% and focuses are shifting from cases to vaccination rate and hospitalization. AUDUSD started to appreciate despite the extension lockdown […]

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High frequency data

High frequency data refers to time-series data collected at a fine scale. They are largely used in financial analysis and in high frequency trading, high frequency data provides intraday observations that can be used to understand market behaviours, dynamics, and micro-structures. Statistically, the higher the number of independently measured observations, the higher is the degrees

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19/08/2021 Thursday

AUDUSD Day’s range: 0.72286 – 0.72696   Yesterday’s RBNZ monetary policy decision (0.25% v. 0.50% exp) and the FOMC meeting minutes lead to a selloff in both AUD and NZD. Investors are expecting the central bank of New Zealand to raise its lending rate but RBNZ chose to keep its lending rate at 0.25% unchanged.

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17/08/2021 Tuesday

AUDUSD Day’s Range: 0.73193 – 0.73450   AUDUSD dropped as the data from China was worse than the expectations. Yesterday’s Chinese fixed asset investment was 1%below expected, July retail sales were 2.4% below and the unemployment rate was 0.1% higher. Investors are concerning that the spread of the COVID-19 Delta variant will seriously impact the

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06/08/2021 Friday

AUDUSD Day’s Range: 0.73701 – 0.74160   Yesterday’s data showed a strong Australian trade surplus for June with the seasonally adjusted balance on goods and services surplus increased $1,277 million to $10,496 million. This is primarily driven by the strong export figures to China as Iron Ore prices bolstered the numbers.   Investors are anticipating

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