Tag Archives: AUD/USD
Daily FX Wrap and Strategy
This will be my last BNZ Markets Wrap & Strategy. Thanks for your interest and readership and over the past few years. All the best, Mike.
Weekly Forex Report
US data continue to be encouraging Despite quite resilient US data, showing only mild negative effects from the partial government shutdown in October,
FX Daily Majors
Today’s highlights: * EURJPY has achieved our long-held 139/141 medium-term target, which we look to cap at first for a correction lower. An eventual break can target 149.25.
Daily Technical Report
• EUR/USD’s rise is still viewed as a short-termrebound and is now close to the resistance areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).
The Global Macro Pulse
EURUSD rose to a high of 1.3622, USDJPY pushed up to 102.61 before giving up gains to trade at 102.36 and AUDUSD has fallen to 0.9084.
UBS Morning Adviser
AUD Dependencies Exposed Overnight news flow served reminder of the important role played by foreign direct investment in supporting the Australian dollar – and the risks to the currency if those inflows were to fade.
AUD/USD Analysis
Aussie continued with its recent bearish tone through the morning today but took little notice of earlier data releases like the RBA’s private sector credit numbers.
US Morning Update
What did not happen during the London morning in terms of FX price action was more than made up for by a factor of 20 in the policy sphere.
Daily Technical Report
• EUR/USD has moved above the resistance at1.3579, reflecting a persistent short-term buyinginterest. Another resistance can be found at1.3651.
FX Daily Majors
Today’s highlights: * EURJPY is on the cusp of our long-held 139/141 medium-term target, which we look to cap at first.
The Global Macro Pulse
In FX, AUDUSD rallied as much as 0.7% in the wake of better-than-expected capex data, but has eased off its high to trade at 0.9119.
UBS Morning Adviser
AUD: Beyond The Horizon Australia’s quarterly capex survey contained some bright spots overnight,