Tag Archives: USD/KRW
Asian Currencies Technicals
AUD/USD continues lower with the $0.8771 Aug 2010 monthly lows targeted. The closes below the 21 day lower Bolli ($0.8970) continue but
Asian FX Update
CHINA PMIs DIVERGE; OFFICIAL READ STILL ABOVE 50 • China’s official PMI stays above 50, and surprisingly increases to 50.3.
Asian Currencies Technicals
AUD/USD traded at fresh 2013 lows this morning and the lowest level traded since late Aug 2010.
Asian Currencies Technicals
AUD/USD: the correction lower following the failures in the $0.9315-43 resistance region has paused just ahead of the 21 day lower Bollinger band and the July 15 low.
The Global Macro Pulse
AUDUSD fell from 0.92 to 0.9077 in response to dovish comments from RBA Governor Stevens in a speech and subsequent Q&A today.
Asian Currencies Technicals
AUD/USD has again failed ahead of the $0.9315-43 resistance region with the immediate focus firmly on the $0.9128 July 25 low.
The Global Macro Pulse
The dollar has weakened further against G10 currencies. AUDUSD has edged up to 0.9278, EURUSD to 1.3288, and USDJPY has fallen to 97.78.
Asian Currencies Technicals
AUD/USD – the $0.9315-43 region remains key resistance again this week with a close above the $0.9343 level needed to shift focus from retests
The Global Macro Pulse
The overnight fall in the USD, seemingly in response to a Hilsenrath article in the WSJ arguing the Fed will be dovish in its coming FOMC meeting,
The Global Macro Pulse
Having rallied in New York in response to higher US yields, the USD is basically flat against the major currencies in Asia.
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
The Global Macro Pulse
The dollar majors have been surprisingly subdued given the China PMI. AUDUSD is down only 0.4% from its Asia open to 0.9263 despite the China number and