Tag Archives: AUD/USD
FX Daily Majors
Today’s highlights: USDJPY’s collapse below 102.79/63 turns the spotlight back on key range support at 101.20/100.75.
The Global Macro Pulse
Lower US yields and stronger risk appetite have driven the USD lower across the board. AUDUSD has rallied to 0.9373,
UBS Morning Adviser
A weak currency can only take you so far Despite expectations to the contrary, the Riksbank is far from being in a position to shift tones.
AUD/USD Analysis
Aussie opened at $0.9360 this morning after a $0.93265 to $0.9368 range in the US last night. The rate then eased to $0.9341 in early trades before stretching the lows to $0.9335 as the morning went on.
FX Daily Majors
Today’s highlights: AUDUSD holds above its 13-day average, leaving the recovery intact to .9334/38 next, ahead of our basing objective at .9410/.9510.
Daily Technical Report
EUR/USD is bouncing close to the key supportat 1.3643. Hourly resistances are given by 1.3753(02/04/2014 low) and the declining channel(around 1.3786). Hourly supports now lie at1.3694 (07/04/2014 low) and 1.3673.
The Global Macro Pulse
Lower US Treasury yields overnight weakened the dollar slightly. EURUSD rose to 1.3743 and USDJPY slipped to 102.96. AUDUSD softened on the Asian open,
UBS Morning Adviser
Risk-reward in dollar shorts falling The lack of positive reaction post US news has been a strong source of frustration for dollar bulls.
AUD/USD Analysis
Aussie opened at $0.9270 this morning and was troubled early by downbeat risk appetite and weighed down also by a lower open in regional stocks and some profit-taking in aussie-kiwi cross.
Daily Technical Report
EUR/USD is approaching the key support at1.3643 (see also the closest rising trendline),which could spur some short-term buyinginterest. Hourly resistances can now be found at1.3753 (02/04/2014 low) and 1.3820 (02/04/2014high).
The Global Macro Pulse
Dollar-G10 is essentially unchanged in Asian trading with AUDUSD at 0.9281, EURUSD at 1.3698, and USDJPY at 103.26.
UBS Morning Adviser
EM once again benefits from low US rate expectations EM currencies were again beneficiaries of falling US rates as weaker US data