Tag Archives: USD/KRW
The Global Macro Pulse
The more hawkish than expected FOMC has led equities to sell off across the board in Asia. Although the Nikkei opened up, it is down about 1.5% at the time of writing.
Asian Currencies Technicals
AUD/USD put in a double daily top Wednesday, just short of the 200-DMA, before correcting sharply lower. The sharp move lower eases the previous bullish pressure with bears looking for
The Global Macro Pulse
The USD strengthened modestly with EURUSD edging lower to 1.392 and USDJPY rebounding to 101.55. AUD has eased slightly to 0.912.
Asian Currencies Technicals
AUD/USD bounced from just ahead of the $0.9050 hourly support level on Tuesday with the move to fresh 2014 and 3 month highs seeing the pair on track to retest the 200-DMA.
Asian Currencies Technicals
The dip below the 21-DMA ($0.9005) was brief for with the move higher pausing ahead of layers of resistance noted in the $0.9104-0.9203 region including the 200-DMA.
The Global Macro Pulse
The yen has rallied almost 0.2% to 101.7. Most EM Asia currencies are weaker vs. the USD, led by a 0.5% fall in the INR to 61.475 and a 0.3% drop in the MYR to 3.282.
The Global Macro Pulse
The antipodeans have dominated G10 FX price action. NZDUSD rallied to 0.8520 following the RBNZ’s rate hike and hawkish statement only to get a further leg up to 0.8562 from the AUDUSD.
Asian Currencies Technicals
Following on from Tuesday’s close below the 21-DMA, the AUD/USD has consolidated below with the 55-DMA currently supporting. Consolidation below the 21-DMA sees bears in control and
The Global Macro Pulse
G10 exchange rates traded sideways in Asia after their moves in late New York trading. EURUSD is a touch softer at 1.3853, AUDUSD is down slightly to 0.8960, and USDJPY is flat at 103.
The Global Macro Pulse
G10 FX pairs are largely unchanged, but EM Asia currencies are stronger against the dollar despite USDCNY fixing 15pips higher to 6.1327. EURUSD has edged down to 1.3868, USDJPY is flat at 103.24,
The Global Macro Pulse
G10 FX rates are largely unchanged in Asian trading ahead of US payrolls with EURUSD at 1.3858, AUDUSD at 0.9084 and USDJPY at 102.93.
The Global Macro Pulse
EUR has declined slightly to 1.372 ahead of today’s ECB meeting while a strong retail sales report spurred the AUD to rally to 0.901. EM Asia FX continued to strengthen with the exception of the THB which fell 0.1%.