Tag Archives: EUR/AUD
Australian Markets Weekly
It has been a topsy-turvy week for short end interest markets. Last Monday the market had a 68% chance of a rate cut in August priced in.
EUR/AUD Technical Analysis
(1,4235) EUR/AUD is breaking below the support of the inside day it formed yesterday with 1,4490 – 1,4225 the levels to follow;
AUD short squeeze underway
A lacklustre market yesterday with few if any directional clues given. EURUSD a double downside spike however points at a buy the dip behaviour hence upside risk on the rise,
€ remain firm despite surging Portuguese bond yield
The common currency starging the week on a firm bias despite a 57bps surge in Portuguese 10y yield on Friday and a downgrading of France.
Australian Markets Weekly
How low does the CPI have to be for the RBA to cut? This question came up late last week after the poor Labour Force report,
FX Daily Strategist: Europe
Scope for commodity currency rebound vs EUR Commodity currencies weakened after the US jobs data, but with some notable divergences as CAD outperformed AUD and NZD.
$/Scandies in the lead for a stronger dollar.
EUR/USD: Another daily (and weekly) candle added so we’re continuing to build downward pressure. We are now also in the low end of the 1.2796-1.3000 broad support zone with
Australian Markets Weekly
As almost universally expected this past week, the RBA left rates on hold this week, retaining an easing bias.
EUR/AUD Technical Analysis
(1,4115) EUR/AUD confirmed a weal closing below the low of the previous session; a possible closing tonight below 1,4065 will confirm a top and
Weaker €, NOK/SEK & OIL seen lower
EUR/USD: With a high of 1.3103 the market peaked in the outlined 1.3065 – 1.3151 sell area and is accordingly making way south.
Australian Markets Weekly
The market is pricing in a one in five chance that the RBA will ease monetary policy at its Board meeting tomorrow.
FX Daily Strategist: Europe
Asian stock rally depresses USD in Asian trade The USD traded heavily in Asian trade, as Asian stocks rallied strongly,