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Currency snapshot (commodity pairs)

Dollar index trading at 96.31 (-0.35%)

Strength meter (today so far) – Aussie +0.27%, Kiwi +0.34%, Loonie +0.62%

Strength meter (since last week) – Aussie -0.14%, Kiwi +0.61%, Loonie +0.41%

AUD/USD –

Trading at 0.728

Trend meter –

  • Long term – Range/Sell, Medium term – Buy, Short term – Range/Buy

Support –

  • Long term – 0.7, Medium term – 0.72, Short term – 0.72

Resistance –

  • Long term – 0.825, Medium term – 0.79, Short term – 0.76

Economic release today –

  • June current account balance at €24 billion.

Commentary –

  • Aussie remains under pressure from a rising dollar and a weakness in China’s economy but covered loss on a weaker dollar.

NZD/USD -

Trading at 0.661

Trend meter -

  • Long term – Sell, Medium term – Sell, Short term – Range/Sell

Support –

  • Long term – 0.62, Medium term – 0.65, Short term – 0.65

Resistance –

  • Long term – 0.725, Medium term – 0.7, Short term – 0.675

Economic release today –

  • CPI inflation up 2.1 percent y/y

Commentary –

  • The New Zealand dollar is the best performer of the week. Active Call - Sell kiwi targeting 0.62 area.

 USD/CAD –

Trading at 1.308

Trend meter –

  • Long term – sell, Medium term – sell, Short term – Range/Buy

Support –

  • Long term – 1.26, Medium term – 1.29, Short term – 1.3

Resistance –

  • Long term – 1.35, Medium term – 1.33, Short term – 1.32

Economic release today –

  • CPI inflation up 3 percent y/y in July.

Commentary –

  • Loonie is upbeat on a stronger economy and NAFTA hope.
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ARAnnual Primary Balance*

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January 31 00:00 UTC 341291341291m

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January 31 00:00 UTC 341291341291m

ARAnnual Primary Balance*

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Bln AR bln ARS

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