Tag Archives: AUD/USD
Commodity currencies continues to be sold off
EUR/USD: The 1.3488 bounce probably completed the mid bodycorrection in just one session (instead of the more normal 2-3 periods) hence downside pressure is now expected toreturn.
AUD/USD Analysis
Aussie continued with its recent weakness through the Asian morning today after it slipped to an overnight low of $0.9198 in the US.
UBS Morning Adviser
The Bank of Japan is likely to ease policy further in April, but investors haveonly just begun to position for this outcome. So we raise our USDJPYforecasts to 103
RBA’s Stevens comments on 30 years of the Aussie dollar floating
RBA Governor Glenn Stevens delivered a speech on “The Australia Dollar: Thirty Years of Floating”, to the AustralianBusiness Economists (ABE) Annual Dinner in Sydney.
Daily FX Wrap and Strategy
From highs of almost 0.8400 on Wednesday, the NZD/USD is back flirting with important support levels around 0.8200 this morning.
Asian Currencies Technicals
AUD/USD hacontinued its move lower, breaking below the 100-DMA for the first time since mid-Sept with the immediate focus now shifting to a retest of the Sept 5 low at $0.9117.
Daily FX Update
USDJPY RALLIES ABOVE 100; MORE UPSIDE LIKELY * USD mixed; initially strong on Fed minutes but lost ground on Draghi.
FX Daily Majors
Today’s highlights: * USDJPY above 100.62 should reinforce a bullish “triangle” story for 101.54/61, then back to 103.10.
Daily Technical Report
EUR/USD has broken its short-term risingtrendline, suggesting the end of the recentrebound. A new phase of weakness is favoured.An hourly support lies at 1.3390 (13/11/2013 low).
The Global Macro Pulse
USDJPY rose to an intra-morning high of 100.52 before paring back to 100.37. AUDUSD dipped to 0.9308, continuing weakness in New York, driven by the weaker-than-expected HSBC flash PMI for China.
UBS Morning Adviser
Yen Pointers From Nikkei The ‘big’ GPIF announcement has come and gone, and USDJPY watchers are still none the wiser as to when the big structural reforms can materialise.
Dollar’s hot, euros not. Sell commodity currencies.
EUR/USD: So with the final pop up, spiking above the 55d ma band theeight and a half day long correction finally came to an end.