Weekly Currency Views

Key events that may affect the following currency pairings:
 

• EUR/USD
  - Spain affirmed at "BBB-" by S&P on structural reform commitment (Fri 14-Jun).
  - Eurozone trade surplus unexpectedly narrows to €16.1 billion in May (Mon 17-Jun).
  - G-8 leaders see worst over for world economy (Mon 17-Jun).
  - German investor confidence rises as recovery strengthens (Tue 18-Jun).
  
• GBP/USD
  - UK unemployment falls from a year ago (Wed 12-Jun).
  - UK Official at G-8: Leaders see worst over for world economy (Mon 17-Jun).
  - UK house prices rise to record as mortgage market loosens (Fri 14-Jun).
  - UK inflation rebounds more than expected to 2.7% in May (Tue 18-Jun).
• AUD/USD
  - New car sales flat in May (Mon 17-Jun).
  - Aussie falls as RBA minutes show scope for currency to weaken (Tue 18-Jun).
  - Labour productivity growth slows to 2% due to mining sector (Mon 17-Jun).
  - ABS: Australia's international merchandise imports up 8% in May (Wed 19-Jun).
• NZD/USD
  - RBNZ leaves rates unchanged as expected (Thu 13-Jun).
  - NZ posts smaller current account deficit (Wed 19-Jun).
  - Prices rise at Fonterra dairy auction (Wed 19-Jun).
  

Click here for a copy of the latest Short-Term Currency Views.