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Aussie, Kiwi Rebound vs. ...

The Australian and New Zealand dollars gained for the first time in three days against the greenback as technical indicators

posted by fxhottie 17 minutes ago read more >>
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Weekly Recommendation, Ta ...

Not only is the mild weather an obvious negative for apparel sales, with stories of bloated inventories swirling around the i

posted by juanpablo 2 hours 34 minutes ago read more >>
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Australia shares seen fir ...

----------------------MARKET SNAPSHOT @ 2234 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1667.47 1.03% 17.000 US

posted by ritch 2 hours 2 minutes ago read more >>
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Trade Forex On Herd Insti ...

In the first decade of this millennium, as commodity demand soared due to the Chinese boom, the AUD and CAD surged 37% agains

posted by eman021283 14 hours ago read more >>
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AUD/USD Forecast May 20-2 ...

The Australian dollar continues to nose dive, shedding another 260 points this week. AUD/USD dropped close to the 97 line, an

posted by forexcrunch 14 hours ago read more >>
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May 19 transcript: the Au ...

Matthew Johnson (UBS): Our currency strategy team do know that the long term fundamental fair value, so to speak, of the Aust

posted by recessionfear 23 hours ago read more >>
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AUD/USD Forecast 20 May 1 ...

AUD/USD remains bearish and hits the bearish target.

posted by thegeekknows 1 day 12 hours ago read more >>
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AUD/USD forecast for the ...

The AUD/USD pair simply cannot get out of its own way. This past week as seen yet another 275 pip drop in the Australian doll

posted by blitz 1 day 22 hours ago read more >>
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Are We Close To Selling T ...

We doubt, however, it will get as ugly as has the AUD versus the USD (AUDUSD, FXA), Two weeks ago, this pair traded at the to

posted by zero 1 day 21 hours ago read more >>
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Next Week's Economic Rele ...

With the AUD in a bearish trend, comments pointing toward further economic slowdown and possibilities of a rate cut will push

posted by forexclaim 2 days ago read more >>
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AUD

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AUD/USD Aussie Free-fall Continues as US Numbers Disappoint

posted by Avatar stewie 2 days ago in AUD

New Motor Vehicle Sales, an important consumer indicator, looked weak, and the budget release indicates that Australia will post a record deficit. The RBA has also contributed to the currency's free-fall. The recent interest rate cut, which surprised ... read more
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AUD/JPY Trades up from a Triangle Support

posted by Avatar FXTimes 2 days ago in JPY, AUD, Technical

Triangle: After a sharply early April rally to 105.40, AUD/JPY has made a sharp correction down to 98.70. Since then the market has been trading in a triangle, more or less symmetrical around the central area at about 100.75-100.85. Orientation o read more
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Elliott Wave Forecast: AUD/USD – Sell at 0.9880

posted by Avatar GAINSY 2 days ago in USD, AUD, Technical

As aussie has remained under pressure, suggesting recent decline is still in progress and weakness 0.9700 and possibly towards previous support at 0.9672 cannot be ruled out, however, a daily close below this level is needed to confirm a downside read more
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EUR/USD around 1.2860/65, EMU data eyed - FXstreet.com

posted by Avatar twilight 2 days ago in EUR, AUD

After an ephemeral ... read more
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Don't Get Used To A Below Parity AUD

posted by Avatar refinancing 3 days ago in AUD

Also, there really hasn't been that much of a change to the underlying macro picture. CBA expects Ben Bernanke to throw some water on the fire next week when he speaks on the US economic outlook and the latest FOMC minutes may also cool the mood. read more
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Australia shares seen higher; weighed by Fed comment, China capacity

posted by Avatar ctrlaltdel 3 days ago in JPY, AUD

Any move to curb steel consumption will be a concern for Australian miners. ----------------------MARKET SNAPSHOT @ 2305 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1650.47 -0.5% -8.310 USD/JPY 102.14 -0.1% -0.100 10-YR US ... read more
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Intraday Round-up

posted by Avatar post-it 3 days ago in AUD

Sparked by a rate cut by the Reserve Bank of Australia on Tuesday, May 7, and a less optimistic budget forecast that derided the Australian Dollar's exchange rate as being too high, the AUD/USD has cut below major technical support at 0.9860 (uptrend ... read more
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Elliott Wave Forecast: AUD/USD – Sell at 0.9910

posted by Avatar GAINSY 3 days ago in USD, AUD, Technical

Aussie has fallen again after brief recovery to 0.9920 yeserday, suggesting recent decline is still in progress in wave E and may extend weakness to 0.9750, then 0.9720-30, however, as broad outlook is still consolidative (a possible triangle for read more
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Aussies continues its plunge. GBP trying to put up a fight

posted by Avatar WiredDeal 3 days ago in AUD

The Aussie continues to just melt away almost across the board, posting new lows versus most of the rest of the major currencies this morning after yesterday saw gold slipping below 1400 dollars an ounce in yesterday's trading. There was no specific ... read more
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AUD/USD: Aussie Continues To Trade Below Parity

posted by Avatar GAINSY 3 days ago in USD, AUD, Fundamental

For the 24 hours to 23:00 GMT, AUD rose marginally against the USD to close at 0.9897. However, the Aussie continued to remain below parity, after the Australian Treasurer, Wayne Swan stated earlier this week that the nation would grow 2.75%... read more
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Gold Under Pressure As AUD Holds Support

posted by Avatar GAINSY 3 days ago in AUD, Fundamental, Gold

Stocks kept keeping on overnight with both the Dow and the S&P touching new all times highs in trade before pulling back a little while stocks in Europe rallied even though we saw some very poor GDP data for the Eurozone... read more
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Yen, euro falls against dollar in New York

posted by Avatar Alice 4 days ago in JPY, AUD

US import prices fell in April due to a drop in oil costs, a positive sign for household finances that also indicated benign inflation pressures. US data to be released this week includes industrial production on Wednesday, ... The Australian dollar ... read more