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Australian dollar weekly Outlook: weak, from next month, the interest rate cuts observed selling pressure

*14:48JST Australian dollar weekly Outlook: weak, from next month, the interest rate cuts observed selling pressure
■Weak,新型肺炎 spread of infection for years high

Last week the Australian dollar・yen to fall. In China 新型肺炎 by dead・infected persons increased, the Lunar New Year holidays is 2 Months 2 days prolonged, from Shanghai in the enterprise of business to start 2 months 9 days later and announced that, from China to the world’s economic activity, which can dull and the speculation is further strengthened, the Australian dollar sell off continued. Trading range:72 yen 45 sen-74 yen 34 sen.

■Weakened from next month, the interest rate cuts observed selling pressure

This week the Australian dollar・yen is weak from. Australian Reserve Bank [Central Bank] of the Council is noted. 0.25 point rate cut is likely,interest rates, deferment and there are views to. In a statement, forest fires damage caused by or Chinese 新型肺炎 the infection spread to the Australian economy squeezed by the situation mention may be, the interest rate 先安観 not retreat from it.

○Announcement of Australia-key economic indicators・notable events
・Day 4:Australia Reserve Bank have the interest rate announcement] ・6 day: 12 month trade balance[11 month:+58 billion Australian dollars] ・6 day: 12 month retail sales[11 month: previous month+0.9%] ・7 days:download Australian Reserve Bank Governor semiannual testimony before Congress
・7 day:AUD Reserve Bank quarterly monetary policy report released

Expectations:71 yen 20 sen-73 yen 20 sen《FA》


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