Tag Archives: AUD/USD
Wage Price Index – June Quarter 2013
• The WPI rose by 0.7% in QII and 2.9% in annual (sa) terms. • Private sector wages are growing at 2.9%pa and public at 2.8%pa.
Asian Currencies Technicals
AUD/USD: The close below Monday’s low sees the continuation of the recovery off the 2013 lows in doubt with immediate focus having shifted to a test of the $0.8970 Aug 8 low.
Risk appetite still not a major FX driver
Correlations between general risk appetite/equities and currencies have been unusually low for quite some time.
The Global Macro Pulse
JPY weakness has raised the Nikkei 1.7%, S&P futures are up 0.1%, the HSI has risen 0.6%, and the Kospi has rallied 1.0%. Shanghai is essentially flat.
FX Daily Majors
Today’s highlights: • USDJPY above 96.98/97.00 sets a small base in the “triangular” range for 98.16,
UBS Morning Adviser
Don’t Misread Treasury Outflows Thursday’s release of Treasury International Capital (TIC) data, especially the details on foreign holdings of Treasurys,
Daily FX Wrap and Strategy
Over the past 24-hours the NZD/USD has traded between 0.8000 and 0.8050, sitting at the lower-end of this range at present.
Asian Currencies Technicals
AUD/USD managed marginal fresh highs to start the new week before dipping back towards the 21-DMA.
The Global Macro Pulse
The Nikkei has clawed back early losses to be down only 0.3% at the time of writing, thanks to a bounce in USDJPY.
FX Daily Strategist: Europe
Policy divergence should help USD in latter half of the week The USD has softened in recent weeks as the data and policy divergence theme vis-a-vis the rest of the world (RoW)
UBS Morning Adviser
Kuroda Flows Seek Belgian Bonds Belgian and French bonds have been the key beneficiaries of yen outflows since the Bank of Japan unveiled its QQE policy in April.