Tag Archives: AUD
AUD and NZD rush higher on jobs data
Both of the Antipodeans report much better than expected job growth, catching the short-term market off guard and squeezing shorts.
Labour Force – April 2013
Today’s 50.1k surge in jobs in April was much larger than market expectations which centred on an increase of 11k {CBA (f) +15k}.
FX G10/EM Morning Trader Views
EUR – Similar story to yesterday in that the lvls 1.3030-1.3150 remain key in the short term.
FX Daily Strategist: US
EUR downside remains well supported. German data adds to constructive tone. EURUSD came under some initial pressure after ECB president Draghi re-iterated his comments from last week’s
Daily Points
KEY POINTS: – Risk markets drifting higher – RBA cuts benchmark rate, cites elevated AUD
US Morning Update
We find ourselves facing something of a dilemma as regards the AUD in that we’d like to see the currency even lower still,
Join the USD bulls but patience required
Some six years after the global financial crisis began, when the US housing bubble burst, global central banks are still easing monetary policy.
FX G10/EM Morning Trader Views
EUR – Quiet week for data and eur relatively quiet in Asia – After Fridays post payroll sell off and nasty retrace we seem to have defined a few levels for this week.
FX Morning Rundown
Asian equities are trading broadly higher, with risk sentiment still buoyant post Friday?s better US NFP number and
FX Daily Strategist: Europe
EUR downside remains well supported EURUSD came under some initial pressure after ECB president Draghi re-iterated his comments from last week’s
RBA cuts rates to 2.75%
The RBA cut the cash rate by 0.25bps to 2.75% at the May meeting. The meeting was “live” but the outcome was uncertain with the market pricing the
US Morning Update
– With Tokyo shut, Asia had a very quiet session. RBA comments had little impact on the Aud, but weaker than expected Chinese PMI figures put some pressure on this currency later on.