Tag Archives: AUD/USD
AUD/USD Analysis
Another positive session for aussie this morning as the pair rose to a near-1-month high following the release of housing finance data and the NAB’s business survey results.
U.S. Dollar Near Two Week Low Before Yellen Speaks
The dollar wallowed near a two-week low against a basket of major currencies early on Tuesday, following a subdued U.S. session trade as markets hunkered down ahead of congressional testimony by new Federal Reserve Chief Janet Yellen.
Daily FX Wrap and Strategy
In a quiet night the NZD/USD has traded sideways above0.8260.In the absence of key domestic or offshore data releasesthere has been little to provide direction for the NZD.
The euro threatened by deflation
Calm returns for emerging currencies Some calm returned to emerging markets last week, as several central banks (including those of Turkey, South Africa and India) announced interest rate hikes.
Daily Technical Report
EUR/USD continues to improve and is nowclose to the resistance implied by the decliningchannel (around 1.3655). A key horizontalresistance stands at 1.3739.
FX Daily Majors
Today’s highlights: USDJPY’s recovery extends, but we look for selling at 102.95/98 and for 103.46/60 to cap to keep the risks lower in the range.
The Global Macro Pulse
The USD has been essentially directionless. Although AUDUSD is down slightly to 0.8942, EURUSD and USDJPY are roughly unchanged at 1.3626 and 102.38.
AUD/USD Analysis
The rate got up to a $0.8999 high on Friday in the US but failed to break above $0.9000 in the face of rumored stiff selling interest there.
Australian Markets Weekly – RBA lifts inflation forecast and drops easing bias
Last week the RBA lifted its inflation and growth forecasts and dropped its easing bias. With NAB still forecasting the unemployment rate rising to near 6½ % through 2014,
Daily FX Wrap and Strategy
The NZD/USD has benefitted from a general improvementin risk appetite, and more specifically from a soft USD onFriday night. It ended the week close to 0.8300.
Weekly Economic & Financial Commentary
U.S. Review Is the Economy in a Freeze? · Businesses added 113,000 jobs in January, which was fewer than expected.