Tag Archives: AUD/USD
Daily FX Update
USDCAD UPSIDE RISK; EURUSD DOWNSIDE RISK * USD is weak as market focuses on potential for Fed to lower unemployment threshold but with some caution ahead of ECB & nonfarm.
FX Daily Majors
Today’s highlights: * NZDUSD has recovered strongly following its defence of key support at .8194/64, but we look for strength to be capped at .8435/47.
The Global Macro Pulse
Overnight Price Action The S&P 500 fell 0.3% overnight, but futures have rallied 0.5% in Asia.
UBS Morning Adviser
Data Turn Afoot? The upward move in Treasury yields on Tuesday seemingly without any strong fundamental drivers has left markets perplexed.
AUD/USD Analysis
Aussie started the session today at $0.9507 and encountered early weakness which pushed to down to an early low of $0.9495.
Trade Balance – Sept 2013 – Trade deficit improved in Sept to $284mn
The trade deficit was smaller than expected in September, coming in at $284mn. Market consensus was expecting adeficit around $500mn (CBA (f): 350mn).
Asian Currencies Technicals
AUD/USD: The 21-DMA confirmed its significance as initial resistance yesterday. A close above the 21-DMA remains needed to relieve the bearish focus that is targeting retests of the $0.9390 level,
Daily FX Update
EUR LONGS AT RISK OF FURTHER DOWNSIDE * USD is mixed. Today: hawkish Fed Lacker & ISM non‐manu.
FX Trends daily (FOCUS : LONG AUD/USD)
The AUD/USD hit a low point of0.9422 last week, just above a keyshort term support at 0.9410(retracement of 38% of the uptrendbetween August & October).
Softer commodities and commodity currencies (AUD, CAD & NOK)
EUR/USD: We got the small bounce we were looking for all right, nowthe stage is set for sellers to reenter ahead of 1.3535. If theydo and they close the market low,
UBS Morning Adviser
ECB Over-positioned? The euro’s limited rebound on Monday suggests that markets are squarely behind expectations for a material ECB policy signal.
AUD/USD Analysis
Aussie opened at $0.9510 this morning and marked marginal early gains to $0.9521 as the US currency hit some early hurdles. Aussie-dollar then saw gains taper off and