Tag Archives: AUD/USD
FX Daily Strategist: US
USD picture still clouded heading into FOMC The news overnight has contributed to some support for USD.
US Morning Update
Major overnight headlines: • RBA’s Stevens says “would not be surprised” to see AUD lower as PBoC adds liquidity via money markets
Daily FX Update
RISING RISK OF RBA RATE CUT WEIGHS ON AUD • USD is quiet leading into this week’s event risk of FED, ECB, BoE, China’s PMI & US payrolls.
The Global Macro Pulse
AUDUSD fell from 0.92 to 0.9077 in response to dovish comments from RBA Governor Stevens in a speech and subsequent Q&A today.
FX Daily Strategist: Europe
Weaker economic news and dovish RBA policy rhetoric weigh on AUD Overnight economic and policy news weighed on risk sentiment as RBA governor Stevens prepared the ground for a potential rate cut:
The yearly AUD/USD low is exposed again
EUR/USD: Action was slow yesterday while tucking in ahead of U.S. data flow later in the week.
June Building approvals weakness supports rate cut
Today’s approvals data was disappointing if you want to see a consistent rise in approvals and a more adequate supply of new dwellings to house the growing population.
UBS Morning Adviser
The Franc’s Real Erosion This week’s KOF leading indicator will likely reinforce the relatively robust outlook on the Swiss economy.
Daily FX Wrap and Strategy
It’s been a stuttering start to the week for the NZD. Unable to build on last week’s outperformance, the kiwi slipped to the bottom of the currency performance rankings overnight.
Asian Currencies Technicals
AUD/USD has again failed ahead of the $0.9315-43 resistance region with the immediate focus firmly on the $0.9128 July 25 low.
US Morning Update
Major overnight headlines: • Chinese Finance Minister says will step up efforts to support growth with “targeted measures”, MarketWatch
G10 FX Spot Commentary
JPY: Support – 97.50 Resistance – 98.50 Apparently the revision of consumption tax hikes was a bullish development,