Tag Archives: AUD/JPY

Aussie Currencies Technicals

Attempts to head higher last week lacked follow through with bulls now

Ahead of this afternoon’s RBA Board outcome at 2.30, the AUD/USD has been given something of a leg up this morning.

Another big week coming up, with the RBA’s first Board meeting of the year tomorrow,

A softer-than-expected US GDP report failed to materially take the shine of the USD.

Following on from Thursday’s dip below the falling daily channel base the AUD/USD

The USD is stronger across the board, helped by a steady-as-she-goes FOMC Statement yesterday.

Recent failures at the falling daily channel top followed by closes below

The USD Index is little changed, but yields are marginally lower after

The bounce from recent 2015 and 5+ year lows has remained capped ahead

The USD stands lower this morning against all G10 currencies,

The bounce from recent 2015 and 5+ year lows has so far failed to

Are we really talking about the threat of deflation or perhaps should we be