Tag Archives: AUD/USD
Daily FX Update
NEAR TERM CAD RISK LIES IN RETAIL SALES • USD — broadly flat, having retraced China headline-driven weakness.
US Morning Update
Major overnight headlines: • USD bounces very modestly in London trading as US 10-year yield creeps back above 2.50%, spot gold inches lower
UBS Morning Adviser
AUD: Critical CPI Data Ahead Australia’s quarterly inflation report is due on Wednesday, promising to inject some life into these convictionless holiday FX markets.
Royal Baby News to Add to Market Malaise
The safe arrival overnight of the third in line to the British throne can only add to the prevailing northern summer market malaise.
Asian Currencies Technicals
AUD/USD found support ahead of the 21-DMA to start the week as it again works its way higher towards the $0.9303-43 region that is noted as key resistance.
Fed tapering not on ‘preset course’
US: Fed Chairman Bernanke emphasised that the Fed’s QE programmes were ‘by no means on a preset course’,
Daily FX Update
USD STARTS WEEK WITH BROAD UNDERPERFORMANCE • USD — DXY just under mid-point of five month range.
US Morning Update
Major overnight headlines: • Spot gold rises as much as 2.0% overnight before dropping back,
FX G10/EM Morning Trader Views
EUR – Feels set for another day in dullsville, with little in the way of data to focus on. Illiquid, choppy price action is expected as interest levels are set to be low.
UBS Morning Adviser
JPY: More Weakness Ahead The ruling LDP-New Komeito coalition scored another emphatic political victory overnight
Possible JPY correction, AUD next correctional rise
EUR/USD: Even though the market made small upward progress on Friday buyers was unable pushing us up to the minimum target, 1.3209.
Australian Markets Weekly
It has been a topsy-turvy week for short end interest markets. Last Monday the market had a 68% chance of a rate cut in August priced in.