Forex Analysis

AUD/USD Analysis

The pair traded in a narrow range Friday with just a $0.8241 to $0.8282 range so far in Asia.

The pair opened at Y118.65 in Asia Friday having dealt a NY range of Y118.26 to Y119.56.

The euro is forging some impressive action this week and that is partially the result of

Down-trend channel resistance in the December Swiss today is seen at

The Yen rally has probably seen its corrective bounce and

While the Dollar has rebounded from its lows overnight the action in the Dollar on

We think the Canadian is a value at the 87.00 level but

A big range up rally overnight failed to hold in the Pound but

Cheaper fuel sends Hungary’s CPI deeper in deflation.

After falling overnight, the dollar stabilized against G10 currencies in Asia.

The German 10-year yield sank to a yet another record-low of 67bp yesterday,

The pair closed in NY Wednesday at $1.5712 as rate was pushed up off earlier lows of $1.5648 on