Tag Archives: AUD/USD
Major influence of monetary policy expectations
Generally, the FX market is subject to more long-term trends or regimes, where a specific factorhas an impact on virtually all currencies in a particular way.
AUD: Interest rate differentials, or just interest rates?
Interest rate differentials are widely seen as an important driver of currencypairs. By way of example, AUD/USD moved in line with short-end interest ratedifferentials from mid-2011 to around mid-2012 (see Figure 1).
The Global Macro Pulse
The USD has regained a bit of its overnight losses. USDJPY has risen to 103.31, having traded as high as 103.50 and AUDUSD has dipped to 0.9036.
UBS Morning Adviser
Expecting higher dollar versus the yen, Nordic and commodity currencies Fed officials are likely to ‘look through’ Friday’s soft payrolls report.
AUD/USD Analysis
Aussie suffered minor losses through a quiet Asia-Pacific session today, as the US currency recovered some recently lost ground. Aussie-dollar opened at $0.9054 and after some early support off $0.9050,
Daily FX Wrap and Strategy
The NZD/USD sits notably higher at 0.8370 this morning.The NZD was a beneficiary of fairly placid marketsovernight and solid risk appetite, in the wake of lastFriday’s payrolls release.
Daily Technical Report
EUR/USD moved significantly higher last Fridayand is now challenging the resistance at 1.3677(see also the 38.2% retracement). A short-termbullish flag could be underway,
FX Daily Majors
Today’s highlights: USDCAD maintains a medium-term base and we stay bullish for 1.1234 next, with scope to eventually push onto 1.1666/1727.
FX implications of lower oil prices
If DB’s forecast of lower oil prices materializes, this will provide furthersupport for our stronger USD view. The Fed has tightened policy theyear after the last 4 favorable ‘exogenous’ oil shocks.
The Global Macro Pulse
The USD has traded weaker across the board in Asia. EURUSD has opened up slightly, testing its Friday high of 1.3685, USDJPY has dropped to 103.41 and AUDUSD has rallied to 0.9035 as the market hunts positions.
UBS Morning Adviser
More BoJ easing still likely The heavy price action in USDJPY after Friday’s payrolls report does not change our fundamental view that the USDJPY upswing is likely to extend this year.
AUD/USD Analysis
Aussie took advantage of the US dollar’s weak tone following Friday’s soft US data, and rode to its best level since mid-December this morning. Aussie-dollar opened at $0.9004, in line with Friday’s US session high of $0.9005, in Asia today.