EUR/AUD Breaks Above Key Downtrend Line After Australian Building Approvals Jump by 21.6%

EUR/AUD Forecast – 1st April 2021 Australia – Building Approvals On Wednesday, at GMT 12:30 a.m., the Australian Bureau of Statistics released the national month-over-month building approvals figure. It measures the changes in the number of approvals of new buildings. A building permit indicates new construction work. It also suggests that there would be additional […]

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EUR/AUD Bears Tests Key Support Near 1.6230 Amid Forecast of Declining German Retail Sales

Australia – Construction Work Done On Wednesday, at GMT 12:30 a.m., the Australian Bureau of Statistics will release the quarter-over-quarter Construction Work Done index. It measures the changes in the total inflation adjusted value of construction works and projects completed in the country. Construction industry has a sizeable influence on the overall employment and consumer […]

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EUR/AUD Set to Turn Bearish Amid Forecast of Trembling Economic Heath in the Eurozone

Eurozone – German ZEW Economic Sentiment On Tuesday, at GMT 9:00 a.m., the Zentrum fur Europaische Wirtschaftsforschung (ZEW) released its German economic sentiment index. It measures the level of a diffusion index based on surveying 275 German institutional investors and market analysts. The professional investment community, investors, and analysts have the latest data. Their reflection […]

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