Tag Archives: AUD/USD
UBS Morning Adviser
ECB has no FX target but prior policy drivers are having less of an effect The ECB will be the first to remind FX markets that irrespective of how they view the exchange rate’s impact on
AUD/USD Analysis
A subdued day for the currency with no major data as weakness on the crosses saw the market give back some of the Thursday gains.
Daily FX Wrap and Strategy
The NZD/USD sits 1.6% higher than 24-hours ago, at0.8680 this morning. It was the best performing currencyby a large margin, after the RBNZ’s meeting yesterday.
Asian Currencies Technicals
AUD/USD managed a brief dip below $0.9358 that was quickly reversed with bulls eventually asserting dominance with fresh 2 month highs and
Daily FX Update
Volatility remains low, markets are generally quiet even as there is building focus on oil prices (WTI has rallied up to $106 and Brent up to $112) on the back of security concerns in Iraq.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. Monitor thatlevel as buying interest has thus far remainedweak.
Flow fallacies and the AUD
We break down capital flows data and conclude that ‘flows’ will only push AUD through parity if: the mining investment boom returns; or interest rate differentials between Australia and
UBS Morning Adviser
BoK holds as widely expected, outlook and statement largely carried over As unanimously predicted by forecasters, the Bank of Korea (BoK) held policy rates at 2.50%.
AUD/USD Analysis
Aussie slightly lower on the day after spending most of the session in a narrow $0.9370/90 range, except for two brief moves to establish the highs and lows.
Asian Currencies Technicals
Although the sequence of highs daily highs/lows continue the pullback from ahead of initial resistance on Wednesday is of some concern to bulls targeting the $0.9426-61 region.
Credit Agricole: Stay AUD/USD Long
Constructive domestic data releases as well as stable risk sentiment has been keeping the AUD in demand of late.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. Monitor thatlevel as buying interest has thus far remainedweak.