Tag Archives: AUD/USD
Daily Technical Report
EUR/USD moved sharply higher yesterday,breaking its declining trendline. A break of theresistance at 1.3699 would open the way forfurther strength towards the resistance at 1.3819.
The Global Macro Pulse
AUD fell below 0.87 for the first time in three and a half years, pushing AUDNZD towards 1.054. The WSJ reported comments from RBA Ridout that the AUD needs to drop further and AUD near 80c would be a “fair deal for everybody”.
UBS Morning Adviser
Expect macro-prudential measures to remain the norm The increase in the Swiss countercyclical-buffer (CCB) today led to strong interest in the CHF due to a hawkish interpretation – i.e.
AUD/USD Analysis
Aussie continued to trade with a defensive tone this morning after overnight losses but market action was mostly confined to consolidation of some the previous day’s moves.
Daily Technical Report
EUR/USD continues to bounce after havingposted a new lower low at 1.3509. Hourlyresistances are given by the declining trendline(around 1.3620) and 1.3650 (16/01/2014 high).
FX Daily Majors
Today’s highlights: USDCAD surges higher again to keep the uptrend firmly in place for our 1.1234 first core objective.
The Global Macro Pulse
AUD and CAD led selloff in G10 against the USD, the former has weakened to 0.879, back essentially to yesterday level pre the CPI release while the latter dropped to 1.1148.
CAD & AUD is getting all the heat while GBP basks in the sun
EUR/USD: It’s not here action is at the moment. The most recentdirectional information was two sets of near-term bearishimpulses intersected by a correctional structure.
UBS Morning Adviser
USD benefiting from ‘reverse’ diversification The Bank of Japan’s QQE program is already 8 months old,
AUD/USD Analysis
Aussie was a victim of the overall risk-off sentiment and particularly hurt by the China HSBC flash PMI reading. Aussie-dollar opened at $0.8848 and after a brief peek at $0.8858, it slowly drifted lower in the early hours.
Morning Report
Asian markets are mostly lower following weak manufacturing data from China. The flash reading of HSBC China manufacturing PMI unexpectedly dropped to 49.6 in January versus consensus of 50.4.
Daily FX Wrap and Strategy
Good morning all and once again the open has the NZD trading marginally above the 0.8300 level. With understandably greater focus on the performance of the