Australia Consumer Sentiment Bright, AUD / USD Ascending

Australia's consumer sentiment rose 2.0 percent in August compared with July, following cuts in interest rates that are applied by the Central Bank of Australia (RBA) to new low level last week.

The index of consumer sentiment released by The Westpac Melbourne Institute on Wednesday (08/10/2016) this morning rose 2.0 per cent towards level 101.0 in July, indicating that there are more consumers who are optimistic than pessimistic consumer in Australia though it fractionally.

The acquisition increases with the comparison of four of the five components of the surveyed, strengthened in August. The only component that SAG is the perception toward the economic outlook in the next five years, where there is a decline by as much as 0.4 percent marginally. 4.3 percent of the family's finance predicted to surge next year.

"The response to this development has been more calm than when cutting interest rates earlier," said Bill Evans, Westpac Chief Economist quoted by MarketWatch.

Political Influence
In may, consumer confidence increased 8.5 percent, according to the survey of Westpac. Political influence likely participate in the consumer confidence numbers. The results of the election that returned the Liberal National Party Coalition to the Government estimated at hardness, noted by the survey respondents, said Evans.

Responding to the report, Australia Dollar climb hike against the U.S. dollar, with the AUD/USD traded at the range 0.7691, up 0.25 percent from the previous position.

In addition to Consumer Sentiment, Australia also released data on housing loan for the month of June rose 1.2 percent, below the 2.4 percent increase predicted for the base MoM. Housing financial investment for the month of June also rose 3.2 percent, below the 3.9 percent last month. During the later, Governor of the RBA, Glenn Stevens, is scheduled to deliver his speech.

GBP/USD Flat Due To Credit Reports Public Housing United Kingdom

The number of housing loans approved by British banks the country declined in June, as shown by the data on Tuesday (07/26 / 2016) this afternoon. The condition is caused by the uncertainty that still clung British status in the European Union Post- release of the British from the force .

British Bankers' Association (BBA) said that mortgage approvals for the purchase of housing sag into 40.103 for half of the year, further down from a downwardly revised 41.842, caused by a reaction beginning of a rise in stamp duty for this purpose. The data from the BBA are considered as the instructions were quite decisive to know in more depth how the lending data is to be released by the Bank of England (BoE) later on Friday. But keep in mind that these data do not include borrowing mutually owned by property companies.



GBP / USD Flat In the timeframe 4 Hours
Following this report, Pound seemed flat against the US Dollar on 4-hour timeframe to trade at 1.3122 figure. However, the condition of the flat is precisely not appear on the movement of GBP / USD at 1-hour timeframe, where the pair looked very volatile after a plunge to a low level of 1.3075. According to analysts, the bulaan August, the BoE is expected to cut interest rates. Fincial Times reported, Martin Weale , a member of the BoE MPC, has replaced his view, of contradictory towards easing, become a pro at easing stimulus immediately.

Import Export Japan June Doldrums, USD/JPY Surged

Japan trade balance for the month of June was reported to turn positive on Monday (Jul/25/2016) this morning despite the value of the export and import of Japan continues to decline due to weak domestic and international demand.

Japan's annual exports declined 7.4 percent in June after jeblok 11.3 percent the previous month, as recorded in the report of the Ministry of finance Japan today. The median estimate of economists for export Japan was decrease of 11.6 percent. Meanwhile, import prices dropped 11.7 percent, following an annual decline in may amounted to 13.8 percent. Economists expect imports Japan will fall to 19.7 per cent in annual base.

As a result, Japan trade balance still increased to 692.8 billion Yen, while the trade balance with the adjustments recorded an increase as much as 335 billion yen.

Export demand has been weakening this year, along with weak international markets and skyrocketing yen Japan. Consequently, the manufacturer of Japan ever burdened, especially when the yen had reached high levels there were years against the U.S. dollar at the end of June following the United Kingdom's decision to leave the European Union.

However, in the last two weeks it's been depreciating Yen is quite drastic decrease in demand in respect of the assets is not at risk, while PRIME MINISTER Shinzo Abe returned to win the parliamentary elections on 10 July.

USD/JPY

USD/JPY rose 0.18 percent to 106.32 towards after Japan trade data released today. The market will focus on the Central Bank's monetary policy announcement of Japan of the BoJ month on this week, with the possible addition of stimulus from the central bank.

But a number of economists estimate the stimulus, Japan will probably be launched in time is not as fast as the market in connection with the alleged statement Kuroda last month that clearly rule out the possibility of funding directly or known as helicopter money.

Analysis Of EUR/USD

Analysis of the EUR/USD is organized with a range in timeframe of h4.
Technical analysis to detect a range of range of movement of the currency pair EUR/USD

Daily range:
1.0946-1.1104

Signal:

BUY STOP at 1.1084-TP 1.1104
A SELL STOP at 1.0966-TP 1.0946

Attention:
If this analysis will serve as a referral trading, to note are: the Broker that we use may be different from the broker you use. The difference in spreads, prices as well as High and can accelerate/Lownya whether the signal is to be executed.

Weakened due to economic news RBNZ, NZD/USD are expected able to restore Position

The Central Bank of New Zealand (RBNZ) said that interest rate cuts might do if inflation continues to be below the target. In the extraordinary economic assessment update, released on Thursday (21/07/16) early this morning, the central bank stated that the New Zealand economy are sluggish, the currency must be attenuated, and balanced migration kencangnya with weak prices of processed milk products.

New Zealand interest rates, which is abbreviated by the term OCR, is currently at level of 2.25 percent and a likely cut in August and November. If so, then home loan gets cheaper, to deal with this, the RBNZ has done the adjustment rule property on Tuesday.

RBNZ Need Easing Again

"House price inflation are still excessive and the more evenly in each area, (this) adds to concerns about the financial stability of the word Governor Graeme Wheeler." The Central Bank currently maintains a macro policy measures aimed at minimizing risks to financial stability from the boom of home prices. "

In addition, the RBNZ also broached the issue of the exchange rate of New Zealand dollar 6 percent higher than in June, expectations and adds to the pressure on the milk production sector, manufacturing, and inflation. "This makes it difficult to reach the central bank's inflation goal. Thus, the drop in the exchange rate are required. "

Wheeler said the outlook for inflation which in June reached only 0.2 percent, weaker than the RBNZ's expectations in June. This makes the RBNZ monetary policy should remain accommodating and the possibility of more easing would be needed so that average inflation remains close to the range to the target.

NZD/USD 0.64 percent SAG post report RBNZ released and traded at 0.6977. However, when the news was written, the pair seemed to recover and get back onto the Ascension towards numbers 0.6996. RBNZ economy before the update was released, NZD/USD positions 0.7025.

NZD/USD Improved Reasonably Economic RBNZ Update Tomorrow

NZD/USD has recovered from the low levels in Figure 0.7010 touched on Tuesday yesterday and was trading at price 0.7057 ahead of European trading session Wednesday (20/07/16) this afternoon. New Zealand dollar strengthened ahead of the economic assessment of the update will be released by the Central Bank of New Zealand (RBNZ) tomorrow morning, and awaits a policy the Central Bank New Zealand foretold would cut the tribe flowers in August.

Although economic assessment tomorrow, gives the RBNZ predicted would not offend any of OCR rates until August. Speculation that pops up says, the central bank would cut the tribe into 2 percent interest at the meeting next month following the austerity measures imposed on housing sector yesterday. Per next month, the New Zealand Central Bank requires investors to first provide the deposit an amount of 40 per cent, up from the previous 30 percent.

NZD/USD Could Overreact
The market has been raising their stake to 80 percent to the possibility of cutting interest rates in August," said Mitchell McIntyre, senior forex dealer interviewed by Scoop. However, the New Zealand dollar may have oversold and even could have been reacting too much to respond to an economic assessment of the RBNZ tomorrow. This means that New Zealand dollar had a chance to rise again, said McIntyre.

Not only is McIntyre, Michael Gordon, Economist at Westpac, also said that the new rules made by the RBNZ for tackling the problem of housing prices yesterday is considered opened the door wide cuts in interest rates. It's even been sure of the established economic assessment by tomorrow.

In addition, the price of milk powder in the GDT auction night recorded rising 1.9 percent provides a support for the restoration of the New Zealand dollar today. The increase in the price of milk, which is the main export of New Zealand, due to financial support in partnership with the European Union and New Zealand to help dairy farmers.

The Us Dollar Strengthened In Asian Session Following Good U.S. Data

Initiate the Asian trading session Wednesday (20/07/16) this morning, the U.S. dollar seemed to strengthen u.s. economic data following a night earlier that is satisfactory. In addition, the odds of the strengthening of the U.S. dollar against the Yen Japan is big enough with the growing expectations that Japan's Central Bank (BoJ) must add easing. Dollar index soared to a four-month high levels above the expectations.

The U.S. Department of Commerce yesterday evening showed U.S. Housing Starts data, jumped 4.8 per cent in the annual base be 1.19 million units in seasonal adjustment, so the more confirmed the strengthening u.s. economy. The dollar index, which records footsteps of the U.S. currency against six currencies 97,086 levels are at mayorm, a high level approach overnight at 97,148, the highest number since the 10th of March.

The sideways movement of the Dollar Index since its March 2015 is a konsolidatif phase, after that, the dollar will form another higher footing," said March Chandler, Chief Currency Strategist at Brown Brothers Harriman who was quoted by Reuters.

According to Chandler, the constructive outlook of his part estimated the strengthening Us dollar will still be intact due to the divergence of the difference towards a policy of the US Federal Reserve with most games in other advanced economies.

USD/JPY And EUR/USD
USD/JPY is stable against the yen at 106.11, and began to show a rise of thin this morning to 106.22. USD/JPY touching the number 99 on Tuesday and yesterday, becoming the highest level since June 24, when the market is shocked, by the United Kingdom's decision to leave the European Union.

Speculators are releasing their yen holdings as a safe-haven in the possibility of the addition of stimulus of the BoJ policy meeting in moneternya the end of next July.

On the other hand, the Euro dropped 0.5 percent to 1.1018 per U.s. dollar, after inhabiting 1.0998 figures on Tuesday. The European Central Bank (ECB) is also scheduled in deploying monetary policy meeting next Thursday. Draghi and his colleagues predicted will not add to the erosion.