Tag Archives: AUD/USD
Flash PMI Reinforces Recovery In China Plays
The flash reading for September of the China HSBC PMI was better than expected, continuing the run of better-than-expected data in China and
FX Daily Strategist: Europe
Strong Chinese PMI will provide a further boost to AUD China’s September HSBC PMI accelerated to 51.2 – a 6-month high – from 50.1 in August and builds on the improvement in overall Chinese data reported during July and August.
FX Daily Majors
Today’s highlights: * AUDUSD has extended its setback, but with the 38.2% retracement support at .9286/66 intact our bias is still for move up to .9700/30.
The Global Macro Pulse
Overnight Price Action The USD gained ground against EM FX, but was mixed against the G10. AUDUSD opened at pre-FOMC levels of 0.934,
AUD/USD Technical Analysis
(0,9423) The AUSSIE confirmed a strong weekly closing above the top of the previous week but the daily one was negative while however still remaining interior the inside day
UBS Morning Adviser
Bullard Rescues USD (Temporarily) Comments by St. Louis Fed President Bullard on Friday prevented any further dollar weakness overnight.
Australian Markets Weekly
Labour market crucial to RBA policy in coming months * RBA hoping it has eased enough, but the economic outlook remains weak and unemployment is rising
Daily FX Wrap and Strategy
After a largely uneventful Friday night, the NZD has opened the week under downward pressure. However, if you squint your eyes through the recent volatility,
Asian Currencies Technicals
Overbought daily slow stochastic, RSI and momentum indicators are slowly looking to correct with the AUD/USD having pulled back from Wednesday’s high to end the week.
AUDUSD – Elliott & Fibonacci indicating a top in place at .9529
Aussie has retraced 38.2% of its decline from 1.06-.8900; the rally fits the description of an a-b-c correction complete with a 1.618 relationship between waves-a & c (daily).
Daily FX Update
USD TO BE DRIVEN IN NEAR‐TERM BY DATA AND FED * USD is relatively stable leading into the weekend.
FX Daily Majors
Today’s highlights: * EURJPY has reinforced its bullish “triangle” continuation pattern above the 133.84 peak,