Tag Archives: EUR/AUD
US Morning Update
Major Overnight Headlines • Euro Area Sentix Investor Expectations Index back at 2006 levels in September but fundamentals remain weak
SEK make or break day, $ & AUD firmer
EUR/USD: The reaction back up to 1.3218 at least fulfilled the minimum criteria for a minor correction even though we think 1.3237/55 would have fitted better.
US Morning Update
Major Overnight Headlines • UK services PMI at 60.5; Euro Area Composite PMI falls to 51.5 from 51.7 at final pass in August
EUR/AUD Technical Analysis
(1,4440) EUR/AUD could be on the way to form a top, eve a double top supporting finally a deeper correction that could see the cross below 1,40 soon!
Australian Markets Weekly
AUD Range 0.92-0.88, break risk ● The AUD was stable over the month. But within a 4% range. Moves were driven primarily by external factors
Australian Markets Weekly
AUD: Multiple Pressures • Emerging market volatility should weigh on the AUD, but this is not the Asia Crisis II.
Australian Markets Weekly
We recently moved our AUD forecasts lower, to accommodate the softening domestic economy and the lower RBA interest rate profile.
Australian Markets Weekly
We last revised our AUD forecasts in June, lowering our end-2013 estimate for the AUD/USD rate to 0.88 and to 0.83 for end 2014.
Australian Markets Weekly
There are many ways to dissect the CPI data. In fact as one analyst said to me on Thursday, “…you could make those numbers support any story you like about inflation and the RBA”.
Foreign Exchange Volatility Strategy
• USD yields retraced from the highs and so did the USD, as markets revised their interpretation of the Fed Chairman’s tapering talk to
FX Daily Strategist: US
USD: patience required amid loss of rate support Despite some USD resilience overnight, the dollar’s on-going slide reflects a combination of stretched long positioning and
FX Daily Strategist: Europe
With weaker growth indications from China, stay selectively long commodity bloc China’s weaker than expected July purchasing managers’ index (which dropped further into contractionary territory at 47.7)