Tag Archives: AUD/USD
Daily FX Update
A fresh wave of USD weakness, an easing in Russian geopolitical risk, the BoE and ECB leave rates on hold and Chair Yellen warns on housing.
Daily Technical Report
EUR/USD has thus far failed to break the keyresistance at 1.3967. However, the short-termtechnical structure is positive as long as thesupport at 1.3865 (05/05/2014 low, see also therising channel) holds.
FX Daily Majors
Today’s highlights: GBPUSD stays bullish to test the multi-year range highs at 1.7044, then 1.7287 with our core target at 1.7332.
The Global Macro Pulse
In FX, AUD was the big mover in early trading, rallying 0.4% to 0.937 on the back of good employment data and stronger-than-expected China trade. EUR found support around 1.3906 and
UBS Morning Adviser
Rhetoric becomes fashionable Like the euro, the New Zealand dollar has been propelled higher over the past year.
AUD/USD Analysis
Aussie was one of the region’s main movers this morning in the wake of upbeat data out of Australia and China.
BNPP Introduces A New Forecasting Model
BNP Paribas today introduces a new forecasting model ‘CLEER’ which is a medium-term fair value model for currencies.
Asian Currencies Technicals
AUD/USD consolidated Wednesday and briefly dipped below the 21-DMA before finding support at $0.8319. Bears need a close below to confirm a break of the 21-DMA and
Daily Technical Report
EUR/USD has broken to the upside out of itsrecent consolidation between 1.3780 (09/04/2014low) and 1.3906 (11/04/2014 high), opening theway for a test of the key resistance at 1.3967.
FX Daily Majors
Today’s highlights: GBPUSD stays bullish to the multi-year range highs at 1.7044, then 1.7285 with our core target at 1.7332.
The Global Macro Pulse
The USD has rebounded somewhat after the sharp sell-off overnight. NZD was the main contributor, down 0.8% to 0.869 following the RBNZ jawboning effort.
UBS Morning Adviser
Market expects BSP to tighten policy at tomorrow’s meeting Bangko Sentral ng Pilipinas (BSP) will hold its May policy meeting tomorrow and