Tag Archives: AUD/USD
Daily FX Wrap and Strategy
Month-end buying and a partial recovery in risk appetite lifted the NZD to the top of the G10 performance rankings overnight.
Asian Currencies Technicals
AUD/USD dipped below the 21 and 100-DMA’s to start the new week before closing above, but continues to look heavy as overbought daily tech studies look to correct back to more neutral levels.
Daily FX Update
SURPRISINGLY NARROW RANGES DESPITE US RISK * USD—acrimony in DC fails to drive safe-haven gains in USD.
Focusing On RBA’s AUD Rhetoric
The RBA is almost universally expected to leave the cash rate unchanged following its Board meeting on Tuesday.
The Global Macro Pulse
Overnight Price Action The Nikkei gapped 1.5% lower at the open and fell as much as 2.2% before recovering slightly to 1.7%,
UBS Morning Adviser
Down To The Wire The political scene in Italy was worryingly active over the weekend.
Australian Markets Weekly
RBA: No housing bubble and no change this week * Initial focus this week on the US as government shutdown looms with the Budget yet to be approved; Italian Government Coalition also in strife
Daily FX Wrap and Strategy
Investors’ risk appetite faltered on Friday as the prospect of a US government shutdown (finally) began to rattle markets.
Asian Currencies Technicals
AUD/USD dipped to test the 100-DMA to end the. A close below the 100-DMA could be a significant bearish signal, especially when combined with correcting very overbought daily tech studies.
FX Comment: Show Time
US government shutdown? No way, if it threatens the release of payrolls. Debt ceiling? Matters no more than the context.
Daily FX Update
AUD LIKELY TO WEAKEN INTO OCTOBER 1 RBA MEETING * USD is mixed; with the majors & gold outperforming and FX associated with the smaller open economies all underperforming.
FX G10 Morning Trader Views
EUR – Still happy to play long eur against 1.3450 with a stop at 1.3420 for now – we seem to be range playing as we go into month end