Tag Archives: AUD/USD
Daily FX Wrap and Strategy
The NZD/USD sits lower this morning, trading just above 0.8170 currently. Along with most of its peers, the NZD suffered extreme volatility yesterday morning as the market digested the implications of the US FOMC finally announcing a start to
Daily Technical Report
EUR/USD has broken the support at 1.3709,validating a short-term double-top. A test of thekey support at 1.3621 is expected as long asprices remain below the resistance at 1.3723(17/12/2013 low).
FX Daily Majors
Today’s highlights: USDJPY above the 103.74 high maintains a bullish outlook for our 105.60/106.00 next target, and eventually 110.60/111.60.
The Global Macro Pulse
The EUR edged down to a two-week low of 1.3657. AUD, NZD and CAD also fell. AUDUSD dropped to 0.882 and NZDUSD traded lower to 0.818, despite a much better than expect NZ GDP release.
UBS Morning Adviser
Shifting the Guidance Burden The Fed has spoken – taper and begin advancing the policy debate away from QE.
AUD/USD Analysis
Aussie in a fairly narrow range over the Asian session, trading $0.8823/61. Most of the morning was spent recovering slightly after touching $0.8821 post-FOMC. Some unwinding of short AUD/NZD positions and
Daily FX Wrap and Strategy
The NZD/USD sits somewhat lower, at 0.8220 this morning as the market awaits the US FOMC meeting (8am NZT). Yesterday’s domestic data was more of the same. i.e. telling a story of positive economic momentum.
Daily Technical Report
EUR/USD remains well supported as can beseen by the potential short-term symmetricaltriangle, which usually acts as a continuationpattern. An horizontal resistance stands at 1.3811(11/12/2013 high).
The Global Macro Pulse
The 10y US yield has bounced slightly higher to 2.8445% in Asia trading after the 4bp fall overnight. The USD is relatively steady against majors but strengthened against most EM Asian currencies ahead of tonight’s FOMC.
UBS Morning Adviser
Corporate Japan Emboldened Two days ago we reported that portfolio investment abroad by Japanese investors is running well behind schedule this fiscal year.
AUD/USD Analysis
Aussie remains on the weak side despite a lift after RBA Governor Stevens and other Board members fronted the House Economic Committee earlier in the session. Despite traders universally seeing his comments as being somewhat hawkish,