Tag Archives: AUD/USD
Daily FX Wrap and Strategy
The NZD/USD was launched higher yesterday morning. Subsequently it consolidated it gains until early this morning when it has subsided to 0.8160.
Asian Currencies Technicals
The bounce to start the new week for the AUD/USD spiked above both the 21-WMA and 100-DMA before closing back below as the move higher lacked follow through and
US Morning Update
Major Overnight Headlines • Asian/morning London sessions see flight into risk, developing market FX as Summers withdraws
AUD/USD Technical Analysis
(0,9365) The AUSSIE confirmed on Friday a negative closing while however remaining interior the negative outside day with 0,9365 – 0,9215 still the levels to follow in the coming hours.
The Global Macro Pulse
Overnight Price Action The USD weakened across the board in response to Larry Summers’ announcement that he has withdrawn from being a candidate for Fed chairman.
FX Daily Majors
Today’s highlights: * EURGBP has confirmed a top below .8398, and we stay bearish .8165/55.
The 50 Billion Dollar Currency
* Turnover in the global FX market expanded 35% between 2010 and 2013, easily outpacing growth in global GDP and world trade
UBS Morning Adviser
Summers Sinks Dollar The dollar came under broad-based selling pressure overnight after Larry Summers pulled out of the race to succeed Fed Chair Bernanke.
Australian Markets Weekly
Facing up to tapering * Fed tapering to commence this week; even if watereddown and more conditional on economy
Daily FX Wrap and Strategy
The NZD/USD spent most of Friday’s offshore trading session consolidating above 0.8100. Globally, currency markets struggled a bit for direction.
Asian Currencies Technicals
AUD/USD has bounced sharply higher to start the new week with the immediate focus now shifting to last week’s $0.9354 high with the 100-DMA noted just above.
FX Comment: tapernomix
A journey of a thousand miles begins with a single step. Lao-tzu THE week has arrived – to taper or not to taper seems no longer a question.