posted by
likethewindmillsofanemptymind
8 days ago
in EUR, AUD
made popular 8 days ago
The Australian dollar continues to struggle, as it moves lower against the US dollar. In Monday's European session, AUD/USD was trading in the mid-94 range. On Friday, US Non-Farm Payrolls was a big disappointment and the Unemployment Rate edged ...
posted by
Fxmegaforex
8 days ago
in USD, AUD, Technical
made popular 8 days ago
The Euro, alongside the two North American currencies, is leading the majors this morning after the return of liquidity during European trading hours (Australia and China were on holiday today) brought to the table fresh buyers and sellers to sta
posted by
likethewindmillsofanemptymind
8 days ago
in AUD, NZD
made popular 8 days ago
"There's no reprieve for the Australian dollar in the latest numbers,'' Mr McKay said. The Australian dollar has fallen more than 8 per cent in the past month. ANZ China economists Li Gang Liu and Hao Zhou cut their estimate for China's growth this ...
posted by
forexanalysis
8 days ago
in AUD
made popular 8 days ago
Current account doubled expectations, posting best result in over a year. China data through the weekend showed weak inflation below expectations and bad exports and import figures, which has damaged the Aussie. Main headlines in the Asian Session: ...
posted by
lazybug
8 days ago
in AUD, NZD
made popular 8 days ago
As foreshadowed in this column over recent months, the cumulative negatives surrounding the Australian economy and currency have finally been hit home to the forex markets, thus a collapsing over recent weeks of the AUD/USD exchange rate has been the ...
posted by
freshmint
8 days ago
in AUD
made popular 8 days ago
Gibbs sees the AUD now moving quickly to price in several negative elements, including the end of the resources boom, a slow down in China that may become worse, and a weak Australian economy outside of the resources sector. In view of Gibbs, the ...
posted by
recessionfear
8 days ago
in AUD
made popular 8 days ago
Drillers are having no work, mining companies shedding jobs, housing prices are all sky high still but yet normal wages havent been keeping up with the housing price rise other than the mining wages. good luck to all who thinks housing sector will pick ...
posted by
grimadventures
8 days ago
in AUD
made popular 8 days ago
New loans in China also fell in May. However, inflation also eased from 2.4 per cent in April to 2.1 per cent last month, increasing the scope for Chinese authorities to provide more stimulus to the economy. Industrial production figures also matched ...
posted by
Ving
8 days ago
in AUD
made popular 8 days ago
AUD hardest-hit by China data, down 1 pct. * Dollar extends rally ... But the unemployment rate increased to 7.6 percent from 7.5 percent in April, easing concerns that the Fed may be reducing its stimulus in the near future, boosting U.S. stocks. The ...
posted by
mintyheart
9 days ago
in AUD
made popular 8 days ago
Given what he thinks about Chinese growth, Mr. Gundlach is drawing the logical investment conclusions: He's bullish on bonds, bearish toward commodities, and short the Australian dollar. I'm liking bonds more now with prices down and yields up, he said.
posted by
realtrade
9 days ago
in USD, EUR, AUD, NZD, Economic Indicators
made popular 8 days ago
A raft of figures over the weekend added to the evidence, with exports in May posting the lowest growth in almost a year, inflation, growth in bank lending and investment below expectations and factory output and retail sales growing only about the ...
posted by
MonteAmor
9 days ago
in USD, JPY, AUD, NZD
made popular 8 days ago
Overall, the report probably did not too much dissuade the market of the view that the US Fed is steadily progressing toward 'tapering' QE later this year, as the economy gradually heals. The Euro Stoxx 50 closed up 1.8% and the S&P500 up 1.3%. After ...