AUD
AUD/USD Outlook April 30 – May 4
…markets. With the US churning out some weak numbers, there is room for the aussie to move up, if Chinese and Australian indicators show some improvement. Of course, all bets are off if the central bank makes any unexpected moves when it sets interest rates…
Australian Dollar Pares April Decline – Outlook Hinges on RBA
…print on US GDP data on Friday amplified the dollar sell-off with the aussie breaking above the April high at 1.0465 just ahead of the close in New York. Looking ahead, all eyes will be fixated on the RBA interest rate decision early in the week with the central…
AUD/USD Trading Up to the 1.0450-1.0463 Resistance Zone
Forex Technical Update Previous: AUD/USD – Rising Channel Breaks Declining Channel and Tests 1.0390 Pivot (4/26) AUD/USD The AUD/USD popped up in the Asian -European session from a recent near-term consolidation just below 1.04 . The rally into the 4/27 US session (last of the week), reflects one with bullish momentum. The RSI tagged, 70, failed to clear below 40 and is now back above 60, threatening 70. Price action is strong as well, but there is a resistance area to monitor as we start the next week.
Currency: Major Gains for Yen, Pound, Aussie Dollar
…an average of .241 percent against most of the currencies featured on the Bank of Israel’s foreign-exchange list. The United States dollar was fixed at NIS 3.757, up .187 percent, while the Euro rose .077 percent to 4.9596 shekels. The biggest gainer on the…
Australian dollar drifts on quiet morning
…another night of gains on the S&P 500 that might be enough to lift the Aussie dollar past 104 US cents.” He said Friday’s meeting of the Bank of Japan (BoJ) could also provide support for the currency. The central bank is considering a five trillion yen ($A59.45…
Bank of Japan meeting and Japanese data to govern AUD trade direction today
…should be boosted early but this will do little to influence the Australian dollar with trade direction versus the all other currencies expected to be governed by Japan ese data and the Bank of Japan ‘s decision when it announced. At the time of writing the…
Australian Dollar Outlook – 04/27/2012
…earnings and US housing data pushed markets higher. Australia : The Australian Dollar traded to 1.0395 against the greenback to open at 1.0360 this morning. It was a mixed session overnight in FX markets with the US Dollar being generally weaker, benefitting…
Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
…the improved outlook for US growth, post yesterday’s FOMC meeting. AUD/USD has traded within a range in April from 1.0200 to 1.0500. Despite expectations for a rate cut from RBA, look for the Aussie to remain supported by China’s demand for its commodities….
AUD/USD – Rising Channel Breaks Above Declining Channel and Tests 1.0390 Pivot
Forex Technical Update Previous: AUD/USD Breaks Descending Triangle…(4/23) AUD/USD The AUD/USD continued to rally past the 200-hour simple moving average as well as a declining channel resistance near 1.0350 after Bernanke’s speech yesterday. There was not much new to go on, but market chatter explains the USD-weakness by noting Bernanke is still open to using monetary stimulus measures to help stimulate the economy. Price action seen in the 1H chart shows a rising channel breaking above the declining channel resistance.
Australian Dollar Outlook – 04/26/2012
…potential to use monetary policy to try and weaken the NZD, which like the AUD, has remained stubbornly high, hurting the country’s exporters Majors: The release of the Fed statement had little effect on financial markets overnight with Ben Bernanke reiterating…
Aussie Dollar Remains Higher; N.Z. Swaps Drop After RBNZ Meeting
…interest rates have fallen, and that makes a lot of sense to us.” The Australian dollar was at $1.0361 as of 9:40 a.m. in Sydney after having gained 0.4 percent to $1.0353 in New York yesterday. New Zealand’s currency rose 0.2 percent to 81.52 U.S.
Daily June Australian Dollar – Pattern, Price & Time Analysis – April 25, 2012
…the heels of a bullish employment report and rallying to 1.0380, the Australian Dollar has traded softer as investors increased bets the nation’s central bank will lower interest rates. Slowing inflation is the driving force behind that thought. However, stronger…
CHF Follows EURO Higher – AUD Downside Scalp Targets in Play Post CPI
…Weaker than expected inflation data released overnight slammed the aussie in early Asian trade with 1Q CPI coming in at 1.6% y/y, missing calls for a read of 2.2% y/y. The print comes off a previous read of 3.1% y/y and all but solidifies expectations for…
Aussie Inflation Falls, Dragging the Aussie Dollar Down
…after the inflation report printed, which means the Aussie dollar (AUD) got sold. Now, the thought in the markets is that since the inflation report was so weak, the RBA would go for an even deeper rate cut in May. Now, the markets may be getting a little…
USA Outlook Oil, Gold, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF
…real estate is being limited by distressed properties, stricter bank lending standards and the threat of more foreclosures. Another report showed home prices in 20 U.S. cities dropped at a slower pace in February, pointing to stabilization in the real-estate…
NZ dollar gains on Aussie dollar after tepid inflation
…inflation By Paul McBeth April 24 (BusinessDesk) – The New Zealand dollar gained against its trans-Tasman counterpart after tepid first-quarter inflation figures stoked expectations the Reserve Bank of Australia will cut interest rates next month, heightening…
Australian dollar hits two-week low after CPI data
…the market now.” Mr Dragicevich expects more downward pressure on the Australian dollar, not just from the CPI data but from poor economic growth outlook in Europe. “In combination they should keep the Aussie on the back foot,” Mr Dragicevich said. “We think…
Australian dollar drops on CPI data
…Australian dollar has fallen after data from the Australian Bureau of Statistics showed Australian consumer prices rose 0.1 per cent in the March quarter. The figure was lower than the 0.6 per cent forecast, fuelling speculation the Reserve Bank of Australia…
Australian Dollar Sold as CPI Data Confirms Expectations of RBA Rate Cut
…Fell Short of Analyst Estimates, Sending Traders Scurrying Away from the Aussie Dollar > AUDUSD Dropped Before the release, markets priced in a 94 percent probability that the Reserve Bank of Australia (RBA) would cut its key interest rate by 25 basis points…
Australia’s consumer inflation well below forecast, sending Australian dollar down
…with the Topix also dropping 0.8… Full Story SYDNEY (MarketWatch) — Australian shares declined in early trading Tuesday, with the S&P/ASX 200 index down 0.2% at 4,343.20. Miners led decliners, with Rio Tinto Ltd.
