Tag Archives: AUD/USD
AUD/USD Analysis
Aussie recouped almost all of the losses marked in the last 2 sessions today, as risk appetite witnessed a comeback in the Asian session while the release of the NAB’s Australian business survey provided an additional boost.
US Morning Update
For the first time in at least a week, and possibly a bit longer, USDCAD participants are not really watching Canadian macro factors.
Daily Technical Report
EUR/USD made an intraday bearish reversallast Friday near the resistance at 1.3699, whichfavours short-term caution. Hourly supportsstand at 1.3625 (intraday low) and 1.3583(22/01/2014 high).
FX Daily Majors
Today’s highlights: USDJPY has set a top and the prod beneath the 38.2% retracement support at 102.08 warns of a deeper setback to 101.02/01.
The Global Macro Pulse
USDJPY found support from importers’ demand at the low of 101.77 and has rebounded to 102.44. EURUSD was steady at 1.368, while AUD squeezed marginally higher to 0.872.
UBS Morning Adviser
Trade rebalancing still elusive Yen bears can take comfort from Japan’s trade data released overnight.
AUD/USD Analysis
A relatively dull session for the Aussie this morning as markets in Australia were closed for a holiday, in lieu of Sunday’s Australia Day.
Daily FX Wrap and Strategy
The NZD/USD was the casualty of heightened risk aversion on Friday night. It was the weakest performer amongst its peers, ending the week at 0.8210.
FX: safe haven, anyone?
The “risky” currencies can no longer blame the “taper”, as the “safe haven” currencies struggle to be less safe…Inflation focus this week.
Weekly Economic & Financial Commentary
The Recovery Remains in the New Year · An uptick in the Leading Economic Index points to slightly stronger future growth,
US Morning Update
The extent to which the CAD volatility curve has flattened already today is a signal of how ‘hairy’ price action in the currency could be later around the 0830 CPI data.
FX Daily Majors
Today’s highlights: AUDUSD has declined to our .8675 next core target – 38.2% of the entire 2001/2011 bull market – which we look to try and hold at first.