Tag Archives: AUD/USD
Weekly Commentary
Before large swathes of the population started theirannual migration to beaches and holiday hotspots aroundNew Zealand, there was a flurry of activity on theNew Zealand data calendar.
Australian Markets Weekly – Labour market the key to 2014 RBA policy
RBA cash rate expectations for Dec-2014 range from 2.0% to 3.5%. The RBA is comfortably on hold and still believes that policy is stimulatory enough to support activity.
Daily FX Wrap and Strategy
The NZD/USD trades higher, at 0.8300, this morning,boosted by Friday night’s US payrolls report.The US payrolls report determined most currency’s fateson Friday night.
Weekly Economic & Financial Commentary
U.S. Review Employment Throws a Curve Ball After Fed Tapering • Employment plummeted well below consensus estimates, rising by only 74,000 jobs in December compared to the survey forecast that expected almost 200,000 jobs.
Forex Weekly Report
The Fed is heading towards a slow tapering process The release of the Fed’s minutes illustrated that the critical decision to start of the tapering stemmed primarily from an increase confidence in the strength of the US recovery.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
UBS Morning Adviser
Dollar’s risk status still unclear Our economists have chosen not to take the ADP figure as signal for stronger payrolls,
AUD/USD Analysis
Aussie started the session heading lower after opening at $0.8900. The pair then dropped to a $0.8876 low as a weak start for regional stocks fueled a rise in risk aversion.
Daily FX Wrap and Strategy
The NZD/USD trades a little lower around 0.8240 early thismorning.Overnight, all eyes were on Europe as the ECB and BoEannounced rate targets.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily Majors
Today’s highlights: USDCAD approaches the 1.0854 2010 peak. We allow for an initial hold here, but expect an eventual break higher to confirm a much larger base, for 1.1234.
UBS Morning Adviser
Critical Mass Approaching The new year is just over a week old, but already a confluence of factors are falling into place in support of the US dollar.