Australian Dollar Outlook: AUD/USD Eyes Trade Data After FOMC Weakness
The Australian Dollar is higher against the US Dollar after the Fed's interest rate decision. Export and import price data may provide some event risk in the Asia Pacific region…
Read More »Aussie Dollar Slide May Resume on PMI Contraction, Extended Lockdowns
The Australian Dollar's fundamental outlook darkened on Friday after the country's services sector contracted sharply in July.
Read More »New Zealand Dollar Outlook: NZD/USD, AUD/NZD React to Covid Risks, RBNZ Policy Bets
The New Zealand Dollar weakened against the US Dollar and Australian Dollar overnight as growth-related fears, driven by Covid, impacted economic prospects, RBNZ policy bets.
Read More »AUD/USD at Risk Amid Less-Dovish Fed, PBOC Normalization, Australia-China Tensions: Q3 Top Trading Opportunities
The Australian Dollar may struggle in the third quarter amid a combination of a less-dovish Federal Reserve and potentially consequential knock-on economic impacts from China.
Read More »Heads up for AUD traders heading into the jobs report, big option expiries Thursday circa 0.7500
At 0.7500 there is a 2.1bn AUD expiry reported, and some suggestions between 0.7500/10 a little under 4bn AUD in total If AUD/USD manages a spike on the data its…
Read More »Australian Dollar Forecast: Risk Aversion Hammers AUD/USD, Chinese Inflation Eyed
Risk aversion swept through markets overnight, driving Treasury yields lower and dragging the risk-sensitive Australian Dollar down. Traders are watching Chinese inflation figures to cross the wires.
Read More »AUD/USD Price Analysis: Bears need to contemplate monthly support
As per the prior analysis, AUD/USD Price Analysis: 61.8% Fibo wasn’t to be, bears up the ante, there are prospects for a downside continuation from a
Read More »Australian Dollar Forecast: AUD/USD Takes Hit on New Covid Lockdowns
AUD/USD is under pressure as Australia enacts a new round of lockdowns amid worries about the quickly spreading Delta variant of Covid-19. A speech from RBA Governor Lowe is eyed.
Read More »Australian Dollar Outlook: AUD/USD, S&P 500, Chinese Stocks Rise. Fedspeak, NFPs Eyed
The Australian Dollar recovered with the S&P 500 and Shanghai Composite. Was it another overreaction to the Fed? AUD/USD turns to RBA Governor Philip Lowe, Fedspeak and US NFPs next.
Read More »Australian Dollar Forecast: Flash PMIs Ease With RBA Talks in Focus
The Australian Dollar's rebound may have gained another tailwind after a positive flash PMI report from IHS Markit, although the readings eased from May. RBA Assistant Governor Ellis will speak…
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