Tag Archives: AUD/CAD
FX Daily Strategist: Europe
US non-farm payrolls to give the USD its cues The delayed September employment report arrives today in the US.
Australian Markets Weekly
Labour market holding: Buys more wait time for RBA * Australia’s unemployment rate trend steady at 5¾%
Australian Markets Weekly
Facing up to tapering * Fed tapering to commence this week; even if watereddown and more conditional on economy
US Morning Update
Major Overnight Headlines • UK services PMI at 60.5; Euro Area Composite PMI falls to 51.5 from 51.7 at final pass in August
US Morning Update
Major Overnight Headlines • Ballistic objects in E. Mediterranean detected by Russian radar drop into the sea; Syria/Isreal detect no threats
Australian Markets Weekly
AUD Range 0.92-0.88, break risk ● The AUD was stable over the month. But within a 4% range. Moves were driven primarily by external factors
CAD Technical Outlook
There is little change to report from a short-term technical perspective as far as USD/CAD is concerned today.
Australian Markets Weekly
AUD: Multiple Pressures • Emerging market volatility should weigh on the AUD, but this is not the Asia Crisis II.
CAD Technical Outlook
USD/CAD saw no pullback at all yesterday and the underlying trend higher has extended higher through the overnight session to reach the low 1.05 area.
Re-balancing in China and the US: Who is exposed?
• The US needs to rebalance its economy from consumption to investment. China needs the opposite.
CAD Technical Outlook
Daily signals are encouraging from the USD-bullish perspective because, firstly, the slow stochastic oscillator suggests the USD sell off is over-extended and poised to turn higher.
FX Trends daily (FOCUS: AUD/CAD)
After a rebound last week, the cross failed to clear the key short term resistance at 0.9824 (1st retracement of the downtrend since March top before resuming its downtrend.