Tag Archives: AUD/USD
FX Daily Majors
Today’s highlights: • EURUSD bias stays lower to test 1.3190, but beneath here remains needed to set a better top, for 1.3112.
GBP, AUD & SEK stronger and USD is somewhat weaker
EUR/USD: The bounce from Tue’s low has become somewhat bigger than initially thought.
UBS Morning Adviser
MOVE-ing Against Decay For all the talk of fiscal risk, Eurozone instability and the perils of policy normalisation, it has been an awfully quiet summer.
Daily FX Wrap and Strategy
The NZD was the strongest performer amongst its key peers over the past 24-hours. The NZD/USD sits just above 0.8030 this morning.
Asian Currencies Technicals
AUD/USD: The $0.9111 level that capped late in NY on Tuesday and in Asian trading Wednesday is now seen as pivotal hourly support.
Aussie “Normalization” Has Only Just Begun …
We favor digital puts or 1×1 put spreads to express our view that AUD will resume its slide.
The Global Macro Pulse
The Nikkei is flat despite the overnight rise in USDJPY in response to higher Treasury yields, and S&P futures are down 0.1%. Most other Asian equity markets are up marginally.
FX Daily Majors
Today’s highlights: • USDCHF stays on course for a test of key resistance at .9380/95, above which is needed to mark a more important base.
The dollar takes a small breather before up again
EUR/USD: The bounce from yesterday’s low is not major, but should ideally come in a 3-wave fashion (“A-B-C”).
UBS Morning Adviser
Minutes Minutiae Market participants struggling to reconcile the BoE’s policy views with ‘booming’ data (according to several UK papers) will have the opportunity to
Consumer Sentiment – August 2013
• Consumer sentiment rose by 3.5% in August to be 9.4% higher than a year ago.
Re-balancing in China and the US: Who is exposed?
• The US needs to rebalance its economy from consumption to investment. China needs the opposite.