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Australian, N.Z. Dollars Gain as Fed May Delay Raising Rates

posted by MarcB 2 days ago in USD, AUD, NZD made popular 2 days ago

The Australian and New Zealand dollars rose on speculation the Federal Reserve will delay raising interest rates, maintaining the South Pacific nations' yield advantage over the U.S.  read more

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Chart of the Day for August 18th: EUR/AUD

posted by thegearedinvestor 2 days ago in EUR, AUD, Sentimental made popular 2 days ago

Very interesting development on the 1hr candles for the EUR/AUD. Major resistance makes this a great play for a few pips to the upside after a good bear run since August 12th.  read more

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Forex Ideas for the Week of August 17th

posted by thegearedinvestor 2 days ago in EUR, AUD made popular 2 days ago

Here are some ideas for pairs that I like for the week. Strong trends are the motivation here, with no great turnarounds in sight.  read more

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Australia housing affordability stuck at record lows

posted by warrenbuffet 5 days ago in AUD, Housing made popular 5 days ago

Housing affordability remains at a 24-year low and is unlikely to significantly improve in the short term even if mortgage rates fall, the Housing Industry Association warns.  read more

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RBA confirms rates will fall - but when?

posted by warrenbuffet 5 days ago in AUD, Special, Inflation made popular 5 days ago

The central bank has given its loudest signal yet that it is about to cut interest rates, as data shows wage inflation remains under control.  read more

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Australian, N.Z. Dollars Strengthen as Commodity Prices rise

posted by MarcB 6 days ago in AUD, NZD, Gold made popular 6 days ago

The Australian and New Zealand dollars gained as prices of the commodities the two nations export increased and technical charts showed the currencies' recent losses have been overdone.  read more

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AUD/USD Update

posted by jameschen 8 days ago in USD, AUD, Technical made popular 7 days ago

Much like its dollar-based brethren, AUD/USD (a daily chart of which is shown) has recently been on a prolonged one-way road towards dollar strengthening.  read more

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Aussie business conditions hit 7-year low

posted by warrenbuffet 8 days ago in AUD, Fundamental, Consumer made popular 8 days ago

Business conditions have weakened to the lowest point since the weeks after the September 11, 2001 terrorist attacks in the US, in a sign the economy could be slowing faster than had many expected, a report shows.  read more