Tag Archives: AUD/USD
As low as it goes
The Consumer Price Index rose 0.2% in the June quarter, in line with our forecast but a touch below the market median and the RBNZ’s pick of 0.3%.
China Abolishes Lending Rate Floor. Australian CPI this Week
Equity markets were little changed on Friday night, with no key data released The market was weighed down by the disappointing earnings from Microsoft and Google that were released after the bell on Thursday.
Asian Currencies Technicals
AUD/USD managed an inside day on Friday after failing ahead of the $0.9303-43 region and this region remains key to the direction for the pair this week.
US Morning Update
Major overnight headlines: • Italian industrial orders rise 3.2% MoM in May, sharpest increase since January 2011
AUD/USD Technical Analysis
(0,9188) The AUSSIE confirmed a negative closing below the low of the previous session suggesting we may have a s/t top at 0,9294!!
Short term more dollar weakness
EUR/USD: With a higher low printed yesterday the upside pressure remain in place and as earlier elaborated a corrective peak cannot be put in place with less than a move above 1.3209.
UBS Morning Adviser
Into Japan’s Elections The yen has been the main mover this morning in Asia. Earlier,
Daily FX Update
MARKET SHIFTS TO USD STRENGTH BIAS • USD—biased for strength as market interprets FX implication of Fed.
AUD/USD Technical Analysis
(0,9177) The AUSSIE formed a negative day reversal but only a daily closing tonight below 0,9188 will confirm a s/t top suggesting a retest of the lows.
UBS Morning Adviser
Dollar Bears Beware Bernanke Financial markets interpreted Federal Reserve Chairman Bernanke’s Congressional testimony as dovish with the dollar softening,
CPI Preview – QII 2013
There are some very early indications of a rethink on the outlook for inflation. For the first time in quite a while there is some discussion of upside risks.
Quarterly Business Survey – June 2013
Business conditions struggle in the June quarter and confidence falls back, driven by a pessimistic mining sector.