Tag Archives: AUD/USD
Asian Currencies Technicals
AUD/USD: Layers Of Resistance Noted $1.0396-04. The pair continues to languish above fresh 6 week lows with a close back above the Apr 19 high to relieve the immediate bearish focus,
Daily FX Update
EUR FAILS TO RALLY ON ITALY NEWS GIVEN ECB FOCUS – USD – DXY near four week highs around 83.00. – CAD flat trading in narrowed range since BoC on lack of catalyst.
FX Daily Strategist: Europe
Softer Australia CPI while RBNZ statement appears more positive RBNZ kept rates unchanged at 2.5%, as widely expected, but the statement was more upbeat on the domestic economy, propping the NZDUSD to a high of 0.8458.
AUD/USD Technical Analysis
(1,0252) The AUSSIE confirmed still a negative closing but it is finding some good support above 1,0220!! The indicators of the daily chart are still well negative but
UBS Morning Adviser
Only The Kiwi Flies Central banks are being forced to change stance. Following yesterday’s weak PMI data, the European Central Bank is now likely to cut interest rates on May 2.
Technical Alert
USD/Scandies in an impulsive take off! EUR/USD A non sustained break, USD/JPY Downside spike points up, AUD/USD Still a correction case, EUR/SEK Broke above the 233d ma,
Asian Currencies Technicals
AUD/USD: Overall Focus Remains On 2013 Lows. The pair made fresh 6 week lows once again yesterday before finding support at the $1.0222 level and
Daily FX Update
WEAK ADVANCE EURO AREA PMI’S SHIFT FOCUS TO ECB – USD – DXY back to early April highs on retracement of recent decline. – CAD weakness continues on weak global growth; risk is retail sales.
AUD/USD Technical Analysis
(1,0238) The AUSSIE confirmed a weak closing below the opening and below the low of Friday suggesting further weakness.
Daily FX Technical Strategy: A creeping bid for the USD
US rates markets are maintaining a bullish tack and the risk is for lower yields. However, the implications are mixed for the US dollar at this point.
The FX Quantitative Analyzer
Risky currencies came under pressure, with concerns about the global growth outlook weighing on investor sentiment following soft economic data from the US and China.
UBS Morning Adviser
Europe’s PMIs China’s HSBC PMI data came out weaker this morning in Asia, falling from 51.5 to 50.5. Coupled with USDJPY slipping back below 99, stock markets have fallen across the region.