Tag Archives: AUD/USD
Daily Technical Report
EUR/USD has broken the key support areabetween 1.3673 and 1.3643. The short-termtechnical structure calls for further weakness aslong as prices remain below the resistance at1.3669 (27/05/2014 high).
AUD turning lower. SEK weakness takes a short pause
EURUSD: On a grander scale May probably became the turning pointfor the common currency given that the monthly candlebecame a very bearish key month reversal one arguing formore losses on a 3-4 months horizon.
The Global Macro Pulse
Although EURUSD is flat at 1.3627, weak building approvals data helped push AUDUSD down to 0.9265 and USDJPY pushed up to 102.03.
UBS Morning Adviser
Euro weakness or dollar strength? With the ECB likely to ease again on Thursday,
AUD/USD Analysis
Aussie is making new lows as Europe awakes, after earlier seeing the cross fall from above $0.93 to make a $0.9262 bottom after a weak slew of data at 1130 AEST (0130 GMT).
Outlooks & Strategies For EUR, GBP, USD & AUD
The following are the latest outlooks and strategies for EUR/USD, GBP/USD, USD/JPY, and AUD/USD as provided by the Commonwealth Bank of Australia (CBA).
Australian Markets Weekly – Q1 GDP likely OK, now re-focus on the consumer
This week the key focus is the RBA, GDP and retail sales. Last week’s Q1 investment partials were uneven, but not as bad as feared.
Asian Currencies Technicals
Following on from Thursday’s bounce the AUD/USD spent Friday chopping around the 21-DMA ($0.9306) but remained supported ahead of the $0.9275 level.
Weekly Economic & Financial Commentary
U.S. Review Economy Contracts in Q1, Stronger Growth Ahead • Revised Q1 GDP figures showed that the economy contracted 1.0 percent,
Crédit Agricole: AUD/USD Stay Long Or Buy Dips
AUD has been the top performer in the G10 over the past week. The combination of better-than-expected domestic data and further declines in US rate provided fuel for the 0.73% rally in AUD against the greenback.
FX Daily Majors
Today’s highlights: USDCAD’s stay bearish for a break below 1.0813, to test 1.0747/31.
The Global Macro Pulse
NZD led rallies in G10 FX, supported by strong building permits. NZDUSD rebounded to 0.850 from a two-month low of 0.845. AUD rose to 0.932 but AUDNZD is still marginally lower at 1.096.