Tag Archives: AUD/USD
Australian Markets Weekly – Early Days
Speeches last week noted uncertain outlook for the Australia economy to persist for a long while yet. Mining investment to fall another 3-4% of GDP,
Daily FX Wrap and Strategy
The NZD was among the worst performers on Friday, albeitin an evening where major currencies were little changed.
Aussie Currencies Technicals
Wednesday’s correction lower from ahead of fresh 2014 highs gathered momentum Thursday before finding support just above the 55-DMA to end the week.
Weekly Report
Traders continue betting on lower RBA rates before the year-end The RBA kept its cash rate unchanged at the historical low of 2.50% as widely expected.
FX Daily Majors
Today’s highlights: EURGBP should be allowed to hold .7913 at first, ahead of a move to our core medium-term target at .7800.
The Global Macro Pulse
The dollar has drifted against the major currencies with AUDUSD up a touch to 0.9360,
UBS Morning Adviser
RBI exchanging onshore gold for international gold should boost INR stability On Wednesday the Reserve Bank of India (RBI) announced plans to swap domestic gold reserves with
AUDUSD – post triangle thrust completes 5-waves up; n/t targets .9350/25
Aussie followed the script, to a tee, for a wave-4 triangle and final wave-5 thrust. Now that 5-waves up are complete we are on the lookout for a meaningful correction or trend change.
AUD/USD Analysis
Aussie started this morning at $0.9347 after yesterday’s losses extended to a low of $0.9327 seen during the US hours.
Weekly Economic & Financial Commentary
U.S. Review All the Rage is the Wage • Nonfarm payrolls sparked a few fireworks,
Daily FX Wrap and Strategy
After a fair amount of volatility over the past 24-hours the NZD/USD sits a little lower this morning, at 0.8750.