Tag Archives: AUD/USD

Daily FX Update

Outside of individual domestic stories (AUD, GBP &CAD) FX markets are relatively quiet. AUD has rallied on firmer inflation, which has removed expectations for an RBA interest cut;

Daily Technical Report

EUR/USD’s bounce near the support at 1.3524has thus far been weak. Hourly resistances standat 1.3583 (16/01/2014 low) and 1.3650(16/01/2014 high, see also the decliningtrendline).

FX Daily Majors

Today’s highlights: EURGBP as expected has broken below .8230 to keep the bear trend in place for our core target at .8165/55.

The Global Macro Pulse

AUD has been the big mover so far, rallying 0.7% to 0.886 following a much stronger than expected inflation report. This pushed AUDNZD higher to 1.0656.

AUD & CAD corrections are taking place

EUR/USD: Buyers keep responding in the low 1.35s but there is still a1.3580 cap in place. One side has to give to show the way.Intraday stretches are currently located at

UBS Morning Adviser

Can the BoC use the CAD as a direct policy tool? The Bank of Canada is expected on Wednesday to join the growing list of minor G10 central banks in anchoring expansionary policy guidance.

AUD/USD Analysis

Aussie was the standout performer in the Asia-Pacific timezone today as it reacted strongly to a higher-than-expected Q4 CPI number.

EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows. Monitor the bounce attempt nearthe support at 1.3524.

FX Daily Majors

Today’s highlights: EURGBP is expected to see a break of the .8230 recent low, for our .8165/55 target.

The Global Macro Pulse

The USD strengthened in Asian open against JPY and EUR. USDJPY has climbed to 104.64 while EURUSD fell slightly to 1.354. AUD and NZD were both more resilient on the day,

UBS Morning Adviser

Tapering losing influence over some trades For the bulk of the last three quarters, markets have designated US policy and

AUD/USD Analysis

Aussie received a boost yesterday to a $0.8821 high following a buoyant China Q4 GDP reading. This morning, aussie-dollar continued to rise, beating Monday’s high to trade $0.8838 but