Tag Archives: AUD/USD
FX Daily Majors
Today’s highlights: USDCHF below .8800 rekindles thoughts of a medium-term top, for a decline to .8568/18.
The Global Macro Pulse
USDRUB opened 2% higher to 36.57. FX price actions elsewhere have been relatively contained. EUR was broadly stable at 1.378 and the yen has found some support around 101.4,
UBS Morning Adviser
External Vigilance Essential for Central Banks In contrast to last week, escalation on the geopolitical front is now harder to ignore.
AUD/USD Analysis
The pair traded a $0.8916-89 range on Friday before closing on a bearish note at $0.8924 and above the lows for the week of $0.8904 set on Thursday.
BNP Paribas: Major Currencies Forecasts
The following are BNP Paribas’ latest forecasts for major currencies.
Australian Markets Weekly – Investment outlook poor, still relying on exports
Poor capital expenditure data last week highlighted the business investment challenge that lies ahead for Australia. Some growth is expected in the non-mining sectors in 2014-15,
Asian Currencies Technicals
After having again failed to take out the key $0.9085 resistance level last week the aussie headed lower with the pair closing below the 21-DMA ($0.8966) and
Daily FX Wrap and Strategy
On Friday night, NZD held onto gains after strong domesticdata, but will open lower this morning thanks to thesituation in Ukraine.
Weekly Economic & Financial Commentary
U.S. Review Yellen at the Senate, While Weather Still Skews Data • As expected, GDP growth was revised lower, reflecting a slower build in inventories, a weaker trade position and a more cautious consumer.
Daily Technical Report
EUR/USD bounced sharply yesterday,invalidating the short-term double-topformation. Hourly resistances now stand at1.3727 (intraday high, see also the 61.8%retracement) and 1.3773.
FX Daily Majors
Today’s highlights: NZDUSD’s break through .8367/94 targets .8432/39 above which would set a bigger base.
The Global Macro Pulse
CNY staged the biggest intra-day drop since 2007 to 6.1760, a move which seems to have been driven by the PBoC. It has since retraced to 6.1640, about 0.7% above the fix from a high of 0.9% earlier.