Tag Archives: AUD/USD
Daily Technical Report
EUR/USD has declined sharply after its bearishreversal near the key resistance at 1.3967. Thesupport at 1.3780 has been broken. A keysupport lies at 1.3673 (see also the rising wedge).
The Global Macro Pulse
The USD was broadly stable against major crosses. EUR was unchanged at 1.376 and AUD held in at 0.936. USDJPY rose slightly to 102.05 following a weaker-than-expected Japanese current account release but
UBS Morning Adviser
This move is not over With EURUSD having already shed about 1.2% since Thursday’s ECB press conference,
AUD/USD Analysis
The pair opened this morning at $0.9358 following last Friday’s $0.9347 to $0.9379 range during the US hours. Aussie-dollar edged up initially to push through $0.9360 and
Australian Markets Weekly – Change to cash rate view – on hold for a long time
We have changed our changed our RBA cash rate forecast and no longer see them cutting again late in 2014. Reasons are 1) the economy has been better than we expected and
Asian Currencies Technicals
The $0.9319 support continued to hold this morning with the AUD/USD bouncing off $0.9349 low, while moves higher have been capped ahead of $0.9395.
Weekly Economic & Financial Commentary
U.S. Review From Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion,
Daily FX Update
A general sense of risk off, profit taking into the weekend and expectations of June ECB policy action has driven the USD higher, equities lower and the US 10yr yield back down to 2.6%.
Daily Technical Report
EUR/USD made a sharp bearish intradayreversal near the key resistance at 1.3967yesterday. The support at 1.3865 (05/05/2014low) has been broken, negating the short-termbullish momentum.
UBS Morning Adviser
Low US rates & strong fundamentals boosting KRW Continued low US rates have helped EM portfolio flows and have resulted in a resurgence in EM currencies.
AUD/USD Analysis
Aussie opened at $0.9375 this morning in Sydney, after a $0.9371 to $0.9394 range in the US last night. Aussie-dollar encountered early weakness as the US dollar started the day on a slightly firmer footing vs the euro.
Asian Currencies Technicals
The $0.9319 support confirmed significance Thursday with the AUD/USD bouncing from this level and the move higher pausing ahead of $0.9395.