{"id":47932,"date":"2014-02-27T11:31:20","date_gmt":"2014-02-27T16:31:20","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=47932"},"modified":"2014-02-27T11:33:22","modified_gmt":"2014-02-27T16:33:22","slug":"gold-aud-offer-potential-profits-around-private-capex-release","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/02\/27\/gold-aud-offer-potential-profits-around-private-capex-release\/","title":{"rendered":"Gold and AUD Offer Potential Profits around the Private CAPEX Release"},"content":{"rendered":"<p><i>Investors are awaiting the release of \u00a0capital expenditure figures to sneak a peak into the future direction of the Australian economy, the AUD\/USD and gold.<\/i><\/p>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<p><strong><\/strong>Private capital expenditure QoQ release scheduled for February 27 at 19:30 EST.\u00a0Analysts forecast the figure as -1.3%, a decline over the 3.6% of the previous quarter. Traders can gain exposure to the release through the AUD\/USD, with a better than expected figure boosting the pair, perhaps through range resistance at 0.9060.\u00a0Gold is also an option. With the precious metal currently trading at resistance that could be broken if a better than expected figure is released. The chart below outlines the durection AUD\/USD has taken.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"AUD\/USD Chart\" src=\"http:\/\/www.economiccalendar.com\/wp-content\/uploads\/2014\/02\/aud-usd-chart.jpg\" width=\"613\" height=\"301\" \/><\/p>\n<p>Written by Daniel Elo, Independent Analyst at <a href=\"http:\/\/EconomicCalendar.com\/\" target=\"_blank\">EconomicCalendar.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors are awaiting the release of \u00a0capital expenditure figures to sneak a peak into the future direction of the Australian economy, the AUD\/USD and gold. Key Takeaways: Private capital expenditure QoQ release scheduled for February 27 at 19:30 EST.\u00a0Analysts forecast the figure as -1.3%, a decline over the 3.6% of the previous quarter. Traders can &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/02\/27\/gold-aud-offer-potential-profits-around-private-capex-release\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gold and AUD Offer Potential Profits around the Private CAPEX Release&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-47932","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/47932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=47932"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/47932\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=47932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=47932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=47932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}