Tag Archives: USD/KRW
The Global Macro Pulse
The dollar has extended its overnight rally against the AUD, which has fallen to 0.9194, but essentially flat against the EUR and JPY at 1.3466 and 101.15 respectively.
Asian Currencies Technicals
AUD/USD hacontinued its move lower, breaking below the 100-DMA for the first time since mid-Sept with the immediate focus now shifting to a retest of the Sept 5 low at $0.9117.
The Global Macro Pulse
USDJPY rose to an intra-morning high of 100.52 before paring back to 100.37. AUDUSD dipped to 0.9308, continuing weakness in New York, driven by the weaker-than-expected HSBC flash PMI for China.
Asian Currencies Technicals
AUD/USD: The move higher failed at the 21-DMA on Wednesday before heading lower and taking out the previous initial support at $0.9360.
The Global Macro Pulse
Overnight Price Action S&P futures are up marginally after a 0.2% fall in the S&P 500 overnight while the rise in the 10yr Treasury yield that began in New York extended slightly in Asia to 2.7149%.
Asian Currencies Technicals
The $0.9360 level confirmed its significance with the AUD/USD bouncing from this level to take out $0.9424.
The Global Macro Pulse
Overnight Price Action The S&P 500 faded in late New York, trading to fall 0.4% on the day, but futures are up slightly in Asia.
Asian Currencies Technicals
AUD/USD took out initial resistance yesterday, marginally trading above the 55-DMA as daily tech studies slowly correct from oversold before the pair ran out of steam ahead of the $0.9424 resistance level.
The Global Macro Pulse
Overnight Price Action S&P 500 futures are down 0.1%. The Nikkei is essentially flat, but most other Asian equity markets are up,
€/$ at the crossroads. NOK/SEK making way north
EUR/USD: Something’s gotta give way. There’s not much room left to maneuver in without breaking below the floor of the bear flag (preferred scenario) or
Asian Currencies Technicals
AUD/USD bounced repeatedly from ahead of the 100-DMA last week while remaining capped on bounces ahead of the Nov 11 high.
Asian Currencies Technicals
AUD/USD continues to bounce from ahead of the 100-DMA while remaining capped on bounces ahead of the Nov 11 high. Daily tech studies remain oversold but