Tag Archives: EUR/AUD
US Morning Update
Major overnight headlines: • Italy risks 8 billion euro losses on derivatives contracts restructured at the height of EMU crisis, La Republica
EUR/AUD Technical Analysis
(1,4075) EUR/AUD confirmed last night another weak closing below the low of the previous session like it confirmed on Monday.
Australian Markets Weekly
• The clarity provided on the FOMC’s intentions with regard to dialling down QE greatly improves our confidence in the AUD/USD downtrend being sustained.
FX Daily Strategist: Europe
USD upside momentum building again The USD has continued to extend gains in the wake of Wednesday’s FOMC meeting, with the US currency gaining across the board on Thursday.
EUR/AUD Technical Analysis
(1,3850) EUR/AUD is confirming further consolidation interior the negative outside day with 1,4180 – 1,3825 still the levels to follow in the coming hours.
EUR/AUD Technical Analysis
(1,3880) EUR/AUD formed yesterday a negative outside day reversal closing even below the low of the previous session.
USDJPY continues to wreak havoc
Abenomics is fast proving a bad word in Japan as the overnight moves in the Nikkei put the stock average beyond the
US Morning Update
Major overnight headlines: • BoJ leaves policy unchanged and refrains from measures to tackle JGB yield volatility, Nikkei
Australian Markets Weekly
GDP, the Outlook and the RBA • Overall GDP was OK. However, the data revealed mixed fortunes across the economy
US Morning Update
Major overnight headlines: • French consumer confidence falls to 79.0 in May from 83.0 (vs. 85.0 expected), now even with post-Lehman levels • ECB’s Noyer: France must “push ahead” with labour market reforms, Reuters reports
Australian Markets Weekly
• Since 12 April 2013, the Australian Dollar has been the second worst performing currency in the entire world, beating only the war-torn Syrian Pound.
US Morning Update
Major overnight headlines: • BoE says “recovery in sight” for UK economy, sees GDP accelerating to 0.5% in Q2, lowers inflation forecsts