posted by
FXTimes
3 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
posted by
GAINSY
3 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
posted by
refinancing
4 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.
posted by
ctrlaltdel
4 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 ...
posted by
post-it
4 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 ...
posted by
GAINSY
4 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
posted by
WiredDeal
4 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 ...
posted by
GAINSY
4 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%...
posted by
GAINSY
4 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...
posted by
Alice
5 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 ...
posted by
Pete
5 days ago
in AUD
A delayed return to a budget surplus does on reflect well on Australia's credit rating (though it maintains a rare triple-A rating), while economic growth is expected to be below its long-term trend, which doesn't bode well for the Australian labour ...