Stock markets buoyant
Overnight Headlines *USD quiet over US holiday, steady near lows *US stocks were closed, European shares climbed to near record levels *RBA sticks to taper decision, but commitment on pace…
Read More »USD Bulls Extend, AUD Outlook Depends on RBA, CAD Flips to Short – COT Report
US Dollar longs hit 18-month high, Euro net longs slashed, AUD outlook depends on RBA policy path.
Read More »Australian Dollar Outlook: AUD/USD Turns to RBA Decision After US Non-Farm Payrolls Data
The Australian Dollar is looking to the RBA for clarity of taper timing amid diverging commodity prices and after US non-farm payrolls. Can the AUD/USD rally last?
Read More »Markets drift ahead of NFP
Overnight Headlines *USD closed lower again near one-month lows *US stocks were mixed to kick off the month *Oil prices little changed after OPEC+ ratified output hike USD started September…
Read More »Australian Dollar Forecast: AUD/USD Eyes Q2 GDP to Kick Off September Trading
The Australian Dollar finished August with a loss against the US Dollar. AUD/USD is eyeing Australia's second-quarter GDP print today to kick off the new trading month.
Read More »Events to Look Out for Next Week
Geopolitical risks and virus developments have remained in focus and against that background taper fears have eased. The threat to global growth from the Delta variant is weighing on sentiment…
Read More »Australian Dollar Outlook: AUD/USD at Crossroads of Commodities, Yields, Sentiment
The Australian Dollar has grinded higher, but future direction will likely depend on commodity pricing, yield differentials and risk appetite.
Read More »Market Update – August 17 – Sentiment weak, USD holds gains
Market News Today – USD (USDIndex 92.70) ticks higher again, on risk aversion as Virus concerns (partic. NZ which will enter new nationwide lockdown) and news from Afghanistan weighs. Yields…
Read More »AUD/USD Price Analysis: Further downside hinges on 0.7220 breakdown
After declining the most in over two months the previous day, AUD/USD licks its wounds around 0.7255, up 0.05% intraday, amid Wednesday’s Asian sessio
Read More »Australian Dollar Outlook: AUD/USD at Risk of RBA Taper, Chinese Regulations
The Australian Dollar continues to face headwinds from a number of fronts with divergencies in risk assets, RBA/Fed tapering plans and Chinese Crackdowns.
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