AUD
AUD/USD Fundamental Analysis February 23, 2012 Forecast
…2012 Forecast Analysis and Recommendation : (close of Asian session) AUD/USD was trading at 1.0668, The Australian dollar was lower today, failing to gain ground despite the approval of a Greek bailout package. On Tuesday, euro zone ministers approved the…
Australian Dollar Maintains Loss on Speculation Asian Stocks Will Decline
…Australian dollar held losses versus the U.S. currency on speculation Asian stocks will drop, damping demand for higher-yielding assets. The so-called Aussie kept a one-day slide against the yen after minutes yesterday of the Reserve Bank of Australia’s February…
Australian Dollar Outlook – 02/22/2012
…manufacturing data for February which will be of interest to Australian markets with China reporting a contraction in manufacturing activity in January. Locally, the wage price index for Q4 is released as is the December leading index and January skilled vacancies….
Greek Deal Fails to Stoke Risk Appetite- AUD Heavy as USD Advances
…funds has kept the single currency well supported despite broad-based dollar gains. While concerns over the sustainability of the indebted periphery remains, the news alleviates fears over an imminent disorderly default with the euro advancing against all…
Weekly Summary on USD, EUR, GBP, JPY, AUD, CAD, MXN and RMB
…that the yen will remain within ranges. Commodity Currencies – Canada’s dollar weakened versus the USD after data showed retail sales fell in December and currencies of commodity‐exporting nations slid on concern a bailout hasn’t resolved Greece’s long‐term…
EUR/AUD in Double Bottom Attempt
The 4H EUR/AUD chart shows a market that is trading sideways finding support at 1.2128, then a failure to break that low holding at 1.2150. The resistance is at 1.2420, with resistance pivots just above 1.2450 as well. This is a possible double bottom attempt if 1.2450 is broken (though confirmation may be needed to rule out a completed ABC correction)…
USD Index To Consolidate, Australian Dollar At Critical Juncture
…against the greenback, led by a 0.62 percent decline in the Australian dollar, but we may see the high-yielding currency trend higher over the next 24-hours of trading as market sentiment improves. Indeed, it looks as though currency traders are betting on…
Aussie Dollar Declines as Reserve Bank Minutes Suggest Scope for Rate Cut
…10 currencies tracked by Bloomberg Correlation-Weighted Indexes. The Aussie has gained 7 percent in the same period. The New Zealand currency’s 14-day relative strength index against the yen was at 79 yesterday, above the 70 level that some traders see as…
US Dollar, Yen Recovery Expected as Global Slowdown Fears Return – February 21, 2012
By Ilya Spivak, Currency Strategist for DailyFX.com Major Currencies vs. US Dollar (% change) February 13, 2012 – February 17, 2012 Talking Points Euro Selling Likely as Focus Turns to Recession Fears After Greek Accord Japanese Yen May Strengthen Anew as Risk Aversion Makes a Comeback British Pound Looks to BOE Minutes to Gauge Support [...]
AUD/USD Fails to Confirm Bullish Breakout and is Back in Consolidation
After breaking above a counter-trend trendline, the AUD/USd has failed to confirm. After 2 temporary cracks above the 1.0780 pivot, the AUD/USD was rejected from going above 1.08, this time falling back to the consolidation support area. Furthermore, the RSI failed to break above 60, showing inability to return to bullish momentum and instead reflects a consolidation momentum…
AUD/USD Performance Chart as at 12:00p.m. Singapore time, 21/2/2012
…50 basis points on Saturday would promise a soft landing for its economy. Commodity currencies performed well, but were off their highs seen during the Asian session. The AUD underperformed slightly, and late in the North American session AUD/USD was trading…
AUD/USD Forecast February 21, 2012, Technical Analysis
…pair can close above the 1.08 level on a daily close. The Australia n dollar got a bit of a boost recently when the central bank didn’t cut rates. The markets had anticipated a cut, and when it didn’t come – the Aussie gained.
AUD/USD Fundamental Analysis February 22, 2012 Forecast
…of Asian session ) AUD/USD was trading at 1.0735. In early trading, the Australian dollar is lower as cautious traders slowly sell off the currency ahead of a decision on the release of Greece’s second bailout package. At noon,the Australian dollar was trading…
AUD Unlikely to Push Higher Through 2012
…the U.S. continues to improve stronger than expected, if that happens, risk currencies like AUD will be under pressure. Thank you for joining our discussion.
Strong Australian dollar hurts steel maker
…demand from China will eventually push down commodity prices and in turn the Australian dollar. However he says the future for the company is Asia. Audio is categorised based on the frequency of the programme it was heard in. Click on the headings below to…
Australian Dollar Outlook – 02/21/2012
…by 50bps, with thoughts that it may push risky assets (such as the AUD) higher. And while the AUD did strengthen, it has been unable to consolidate any gains it does have above USD 1.0800; which further indicates that investors are still concerned about developments…
Australian Dollar – US Dollar Outlook, AUD/USD
…Greece to save the country from bankruptcy. At 7am AEDT on Tuesday, the Australian dollar was trading at $US1.0745, down from $US1.0771 on Monday. A failure in Greece could see the AUD down to the 1.05 level. Dutch Finance Minister Jan Kees De Jager demanded…
Australian Dollar Offers Proxy to Gold, Japanese Yen to US Treasuries
…We could likewise voice our US yield-bullish view via the US Dollar/Japanese Yen currency pair versus taking a short-bond position. View forex correlations to the SPDR Gold ETF Trust (GLD), United States Oil Fund ETF (USO), SPDR Dow Jones Industrial Average…
AUD Update, Retail Sales Data and the Australian Dollar
…growing again in January and the results also align with the Reserve Bank’s view that activity in the services sector has generally proved stronger,” James said. “However, we will need to see ongoing improvements in consumer confidence for that trend to continue…
Global Equity Monitor: Techno-Fundamental Research & Analysis
By Joel Kruger, Technical Strategist For DailyFX US equities remain well supported on dips but daily studies stretched UK equities going nowhere right now; looking for range break German equities eye 7,000 but rallies there could offer compelling counter-trend opportunity Japanese equities highly overbought and rolling over towards 200-Day SMA Australian equities bounce but [...]
