Tag Archives: AUD/USD
Asian Currencies Technicals
AUD/USD finally managed to take out the $0.9312 resistance level and small stops above, but the move higher lacked follow through which is a concern for those looking for a correction.
Daily FX Update
EUR POISED FOR FURTHER DOWNSIDE • USD is mixed; with the commodity currencies outperforming but weakness from the European block.
FX Daily Majors
Today’s highlights: • USDCHF continues to edge higher, but a break above .9419 is still key for a base,
Thorough look at AUDUSD
AUDUSD looks like it is at a local pivot area here as poltical turmoil breaks over the country – so let’s have a look at where we stand and the prospects for the pair from here.
AUD in focus on political turmoil
The AUD has powered higher overnight and this morning despite a further meltdown in metals and political turmoil as PM Gillard battles with
Daily FX Volume and Technical Strategy: EUR weakening signals assemble
The increasing bearish sentiment in US rates is not only a negative backdrop for EM, it also erodes gains in other G10 currencies from the perspective of yield differentials.
AUD/USD Technical Analysis
(0,9265) The AUSSIE is still consolidating interior the positive outside day with 0,9310 – 0,9135 still the levels to follow in the coming hours.
UBS Morning Adviser
Weaker Yen Beckons on JGB Stability Another 24 hours, another move higher in US yields, and still the JGB market remains indifferent.
Asian Currencies Technicals
AUD/USD remains little changed from yesterday’s NY closing level after having again failing to take out the $0.9312 resistance level we continue to mention.
AUD/USD Technical Analysis
(0,9240) The AUSSIE formed a positive outside day reversal after an undershooting of the 0,9150 level. We have now 0,9310 – 0,9135 the levels to follow in the coming hours.
International Economics Monthly
• We have left our global GDP forecasts unchanged for the fifth consecutive month at 3.1% in 2013 and 3.8% in 2014.
UBS Morning Adviser
What Should EUR Follow? The Italy/German 10-year bond spread touched 300 basis points on Monday, the widest since mid-April.