Tag Archives: AUD/USD
Daily FX Update
Yesterday as the S&P closed at a record high, the US 10year yield flirted with a one month high and a break of its multi‐month range and the USD was strong.
Daily Technical Report
EUR/USD weakened yesterday, breaking theshort-term rising trendline. Furthermore, thedeclining trendline still favours a bearish bias.Key supports stand at 1.3705 and 1.3643.
The Global Macro Pulse
The overnight rise in US yields has combined with pre-ECB and pre-payrolls positioning to give the dollar support. EURUSD dipped to 1.3759, USDJPY rose to 104.0,
UBS Morning Adviser
Does anyone want to win the balance sheet stakes? President Draghi can expect the usual questioning monetary conditions on Thursday.
AUD/USD Analysis
Aussie was thrown about somewhat after the release of Australian economic data earlier today while reported comments from RBA Governor Glenn Stevens late in the Asian morning contributed to
Daily FX Update
The S&P rallying to record high’s yesterday reflects encouraging risk sentiment; the reaction in FX has been more muted with a rally in NOK and a collapse in NZD the only noteworthy developments;
Daily Technical Report
EUR/USD continues to bounce after the test ofthe support at 1.3708. However, the decliningtrendline still favours a bearish bias. An hourlyresistance can be found at 1.3847 (25/03/2014high). Another resistance lies at 1.3876.
FX Daily Majors
Today’s highlights: USDJPY focus turns to important resistance at 103.64/77. Above here is needed for a better base in the range to test 104.85/94 next.
USD/JPY is higher than previously thought, but resistance is still there
EUR/USD: The near-term move up from the recent 1.3704 looks farfrom impulsive, but could still test the 21day equilibriummeasure at 1.3835 before down.
The Global Macro Pulse
The rise in US yields has helped to pull AUDUSD down to 0.9237 and push USDJPY up to 103.85. However, EURUSD has risen to 1.3803 ahead of today’s ECB meeting.
UBS Morning Adviser
Corporate Inflation Expectations Elevated Surprisingly, Japanese corporates attach some credibility to
Daily FX Wrap and Strategy
The NZD followed the AUD in an overall drift lower yesterday,with few outright drivers. The NZD/USD is 0.2% lower at0.8646.Certainly there seems to have been no knee-jerk reaction to
