Tag Archives: AUD/USD
Asian Currencies Technicals
AUD/USD paused ahead of the July 11 high overnight before closing below the previous day’s NY close.
Daily FX Wrap and Strategy
Bernanke has come and gone and the NZD/USD is still flitting around 0.7900.
Weekly Macro Chart Pack
• AUDUSD is threatening a base. Even if completed though, strength will be seen as corrective.
US Morning Update
Major overnight headlines: • Asian & European equities, European sovereign debt broadly weaker ahead of Bernanke
FX G10/EM Morning Trader Views
EUR – Another position cleanse yesterday taking us to 1.3155 in ldn and 1.3174 in ny.
USD bulls getting picky
Heading deeper into the Northern hemisphere summer, FX price action is becoming increasingly choppy.
FX Compass
While near-term risk is for a broad dip in the USD as Bernanke speaks later today, we feel that the next leg of the “normalization” of the AUD could start soon.
Continued $ correction, €/SEK, €/NOK temporary dips
Dollar correction took another step yesterday and is probably not yet completed (we’ll see after today’s US hearing and report).
AUD/USD Technical Analysis
(0,9215) The AUSSIE confirmed a strong closing last night well above the tops of the previous sessionjs but also above the resistance of the inside day at
UBS Morning Adviser
Follow BoE Minutes The main event for markets today will be Chairman Bernanke’s semi-annual testimony in front of Congress.
Equities Weaken on US CPI Rise, Ahead of Bernanke Tonight
A soft German ZEW survey saw European equities in retreat at the start of the overnight session This was followed up by a higher than expected US CPI which added to the negative tone in US equity markets.
Asian Currencies Technicals
AUD/USD continues to head back towards the key $0.9343 resistance level with the pair having closed above the 21-DMA for the first time since mid April.