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RBA minutes next: Impact ...

Nonetheless, the point that Mike makes above is important, and seems to suggest that "any comments pointing towards further e

posted by strawberry 47 minutes ago read more >>
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Brakes put on US$ climb ...

This follows the positivity in its Manufacturing counterpart released last week. Combined, these surveys illustrate a decent

posted by realtrade 3 hours ago read more >>
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AUD/USD: Aussie Trading H ...

On Friday, the AUD weakened 0.93% against the USD to close at 0.9736. The greenback traded higher as the US leading indicator

posted by GAINSY 11 hours ago read more >>
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RBA Monetary Policy Meeti ...

Earlier this month the Reserve Bank of Australia (RBA) cut rates to 2.75%. This figure ties them with New Zealand rates. If t

posted by caseystubbs 12 hours ago read more >>
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Australian Dollar Outlook ...

With many analysts now predicting the AUD will hit a low of 90 cents by year end and the possibility that the massive quantit

posted by MonteAmor 18 hours ago read more >>
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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 23 hours 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 1 day 1 hour 18 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 1 day 47 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 1 day 12 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 1 day 13 hours ago read more >>
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AUD/JPY Trades up from a Triangle Support

posted by Avatar 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  read more
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Elliott Wave Forecast: AUD/USD – Sell at 0.9880

posted by Avatar 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  read more
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EUR/USD around 1.2860/65, EMU data eyed - FXstreet.com

posted by Avatar twilight 3 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 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.  read more
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Australia shares seen higher; weighed by Fed comment, China capacity

posted by Avatar 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 ...  read more
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Intraday Round-up

posted by Avatar 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 ...  read more
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Elliott Wave Forecast: AUD/USD – Sell at 0.9910

posted by Avatar 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  read more
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Aussies continues its plunge. GBP trying to put up a fight

posted by Avatar 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 ...  read more
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AUD/USD: Aussie Continues To Trade Below Parity

posted by Avatar 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%...  read more
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Gold Under Pressure As AUD Holds Support

posted by Avatar 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...  read more
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Yen, euro falls against dollar in New York

posted by Avatar 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 ...  read more
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The pound sterling is 0.33 pct up versus the Australian dollar; GBP/AUD is at ...

posted by Avatar 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 ...  read more