All eyes on AUD

All eyes on AUD

Australian Private Capital Expenditure will be out on Thursday at 2:30 MT time!

Instruments to trade: AUD/USD, AUD/NZD, AUD/CHF, AUD/CAD

Australian Private Capital Expenditure is the sum of new long-term investments made by private businesses, which may include asset purchases as property, equipment, land, and software. This report is published only once in a quarter and tends to have a huge impact on the aussie. In fact, changes in the investment levels of businesses can help to predict how economic activity, hiring, spending, and earnings will change in the near future. The last report revealed the largest decline since the first quarter of 2016 and pushed the Australian dollar down. These days Australia is in a better position as it made the Asian-Pacific trade agreement, and its economy is recovering. Follow the report and keep an eye on the aussie!

  • If the capital expenditure comes out better than the forecasts, the AUD will rise.
  • If the report is worse than expected – the AUD will fall.

Check the economic calendar




Bank of England’s Statement
Bank of England’s Statement

The Bank of England will announce its policy statement on December 16, Thursday, at 14:00 GMT+2 (MetaTrader time). It will affect all the pairs with the British pound.

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