Tag Archives: AUD/USD
UBS Morning Adviser
Yen-Based Investors Mobilising Japanese investors were net buyers of foreign bonds for the ninth consecutive week in early December.
Australian Markets Weekly – 2014 outlook: exports stronger; local activity weak
Australia’s economy is expected to gradually accelerate during the course of 2014, reaching a growth rate of about trend by the end of the year. This outlook will not create enough jobs to stop unemployment rising up through 6% and
Daily FX Wrap and Strategy
Showing some volatility on Friday evening, the NZD/USD ended the week at 0.8260. Friday’s RM-ANZ consumer confidence index showed NZ consumers are confident heading into Christmas.
Daily FX Update
The US House has passed the budget deal pavingway for it to move to the Senate next week. However, leading into theFed next week this has helped pull in expectations of a December taper.
FX Daily Majors
Today’s highlights: * USDJPY finally clears the 103.10/74 barrier, and we stay bullish for 105.60/106.00 next, and eventually 110.60/111.60.
Daily Technical Report
EUR/USD faded yesterday close to the keyresistance at 1.3832. Monitor the test of thehourly support at 1.3740. Another support lies at1.3694 (09/12/2013 low). A key support stands at1.3621 (see also the rising trendline).
The Global Macro Pulse
Asian FX mostly traded weaker, The INR reacted to poor CPI and IP data overnight, weakening 0.5% to 62.127. USDPHP rose 0.3% to 44.21, and USDMYR traded above 3.23 figures.
UBS Morning Adviser
Tighten Now to Ease Later? Even with the December FOMC barely a week away and residual support out there for easing,
Daily FX Wrap and Strategy
Local markets will open to familiar levels for the NZD/USD, at 0.8240 this morning, after traversing inside a 0.8225/0.8325 range in offshore markets.
Daily Technical Report
EUR/USD is moving higher towards the keyresistance at 1.3832. Hourly supports are at1.3740 and 1.3694 (09/12/2013 low). A keysupport stands at 1.3621 (see also the risingtrendline).
What vol implied ranges tell us about 2014
On EUR/USD, spot has traded a 1.29 handle in each of the last 10years. 2014 is not the moment to break the pattern, given the skew ofbig picture macro risks, from slowly pricing US rate hikes in the shortendof the USD yield curve,