Tag Archives: AUD/USD

FX Daily Majors

Today’s highlights: – NZDUSD has seen its expected break of pivotal support at .8168/62 for the completion of a major top.

Daily FX Technical Strategy: US yield pullback not a game changer

Although US 10y yields are currently capped by the 1.98/2.00% area, this is unlikely to derail the broader trend of US dollar strength.

AUD/USD Technical Analysis

(0,9748) The AUSSIE is confirming further direct weakness toward the 0,9580 area, next strong support area.

Economics: Perspective

– The Government released the 2013/14 Federal Budget last Tuesday. It projected the underlying Budget deficit for 2013/14 at $18.0bn (1.1 % of GDP),

Technical Alert

The aussie could react to the short-term overstretch EUR/USD: Local resistance was re-tested and confirmed yesterday.

UBS Morning Adviser

FX Should Heed JGB Theatrics It is now six weeks since BoJ Governor Kuroda announced a new program of monetary easing, and still the JGB market remains unsettled.

Daily FX Wrap and Strategy

The NZD was the weakest performer in the past 24 hours. The NZD/USD sits close to its critical support level at 0.8160 this morning.

Asian Currencies Technicals

AUD/USD: The pair managed its 6th consecutive lower daily low yesterday as it continues to head towards out initial target at the 2013 low.

US Morning Update

Major overnight headlines: • Japanese buying of foreign bonds in longest stretch since November 30th, Bloomberg says

FX Daily Majors

Today’s highlights: – DXY $ Index has resolved its one-year range higher for a more broadbased USD rally. We target the 84.10 high of 2012 initially, then 85.28.

AUD/USD Technical Analysis

(0,9835) The AUSSIE formed a positive day reversal that it already aborted this morning by the break below yesterday’s low at 0,9852;

UBS Morning Adviser

Australia’s Crucial Capex Survey Sentiment has become bearish on the Australian dollar. According to UBS FX Flows, selling by asset managers last week was the second largest on record.