Tag Archives: AUD/USD
Daily Technical Report
EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (intraday low) and
FX Daily Majors
Today’s highlights: EURUSD’s break above 1.3735/37 sets a better base to target the medium-term downtrend and 2013 high at 1.3847/93.
The Global Macro Pulse
The EUR edged higher to 1.3765, while USDJPY was marginally lower to 102.24. AUD fell to a low of 0.899 before reversing to 0.901. A similar pattern was followed by NZD,
UBS Morning Adviser
GBP’s inflation role needs revisiting BoE policymaker David Miles’ warning on GBP earlier this week indeed proved prescient in the wake of the January CPI report.
AUD/USD Analysis
Aussie opened at $0.9031 this morning after a narrow $0.9016 to $0.9046 range in the US, and started the session off slightly lower, with a dip to $0.9018 soon after the Westpac-MI leading index release.
Asian Currencies Technicals
The $0.9085 Jan monthly high remains key resistance this week with a close above this level needed to kick start bullish momentum and see focus turn to
Daily FX Wrap and Strategy
The NZD was the weakest performing currency over thepast 24-hours, down 0.7% against the USD.The currency was fairly stable until the release of the RBAminutes yesterday afternoon (see Majors).
Daily FX Update
Markets are mixed and relatively quiet leading into a shortened NA trading week. Equities are flat; oil has jumped higher; gold is off its recent highs and the 10year US yield remains close to 2.70%.
Daily Technical Report
EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3635). Another resistance can befound at 1.3819.
FX Daily Majors
Today’s highlights: USDJPY rallies sharply overnight, but above 103.40/68 is needed for a better base.
The Global Macro Pulse
USDJPY and the Nikkei rallied in response to the Bank of Japan extending and increasing the size of its subsidized loans to banks.
UBS Morning Adviser
TSF figures losing relevance for Australia The RBA minutes overnight affirmed the effects of expansionary policy but warned the economy was below-trend.