Tag Archives: AUD
FX G10 and EM Morning Trader Views
G10 EUR – Well yesterday turned early on 1 headline regarding the ESM banking license and never looked back – Weak UK data, IFO all mattered not in the face of cutting from lev , spec and ctas –
FX G10 and EM Morning Trader Views
G10 EUR – Weak PMI’s, especially Germany, disappointed the market yesterday and built on the general increased bearish sentiment on Europe and European yields of the last 3 trading sessions –
Asia today: Oz CPI weaker but no real guarantee of lower rates
Trade data was the early focus during today’s Asian session, with both New Zealand and Japan reporting numbers for June. Australia’s all-important Q2 CPI data followed shortly after.
FX G10 and EM Morning Trader Views
G10 EUR – Consolidation the order of the day yesterday after heavy selling from 1.2270 down on Friday – we made a new low at 1.2067 but took a breather on aggressing further –
FX G10 and EM Morning Trader Views
G10 EUR – The selling continues after the end of last weeks Spanish yield inspired Friday blow out, London walks in with EURUSD lower on the Sydney open and taking out 1.21 barriers as I type.
Australia and New Zealand Weekly: AU bonds outperform, but can they hold their gains?
AU government bonds have been the stellar performer over H1, with a weakening in the global industrial outlook and safe haven flows the key drivers. Given our near-term global risk view, we believe the tactical game plan for the AU market should be to ‘buy dips.
FX G10/EM Morning Trader Views
G10 EUR – Recent range continues 1.22-1.23 while eur x’s, especially against aud and nzd, continue to trade lower – While 1.2150/60 remains key support downside and we keep bouncing from around 1.22
FX G10 and EM Morning Trader Views
G10 EUR – Painful day as we close in ny where we opened in ldn yesterday – Dips below 1.22 still remain wanted currently so after 3 goes and 3 nasty bounces it suggests to me we have put in a decent base for now
Asia today: Asia stays calm after the post-Bernanke volatility
There was relative calm in the currency markets during the Asian session following the volatile gyrations seen overnight post-Bernanke.
Asia today: A mild hawk bias to RBA minutes; Bernanke up next
Reserve Bank of Australia minutes were the highlight of a slightly busier Asian session today. The RBA kept rates unchanged at 3.5 percent at the last meeting and the minutes showed members felt there was no need for further adjustment after recent “hefty cuts” and signs the economy has more momentum than previously thought.
Asia today: China Q2 growth slides to 3-year low; muted reaction
The Asian week finished with a bang as China’s Q2 GDP numbers came in slightly below expectations, though not enough to cause too much of a stir.
Asia today: Aus employment hits the skids; BOJ eases further
AUD and JPY both fell against USD in the Asian session Thursday after surprises from their respective economies. In Australia’s case it was a large miss on employment figures, while for Japan it was an increase to its short-term asset purchase programme.