posted by
Fxmegaforex
10 days ago
in GBP, AUD, Technical
GBP/AUD continues to decline after the recent completion of the Rising Wedge chart pattern identified by Autochartist on the 4-hour charts.
posted by
forexanalysis
10 days ago
in USD, EUR, CAD, AUD
Against the Canadian dollar (CAD), the US dollar rose to 1.0070 from 1.0022. Versus the Swiss franc (CHF), the greenback surged to 0.9431 from 0.9360. Market participants are expected to tune in on the Federal Open Market Committee (FOMC) Minutes ...
posted by
FXEmpire
11 days ago
in USD, AUD, Technical
The AUD/USD pair attempted to rally on Tuesday, only to fail and fall further. The resulting candle from the session is a shooting star, and it is formed at the bottom of the down move we have seen over the last couple of weeks. This suggests tha
posted by
ritch
11 days ago
in AUD
Governor Glenn Stevens cut the benchmark by half a percentage point this month after quarter-point reductions in November and December as the economy struggled to gain traction, inflation slowed, house prices fell and consumers saved more.
posted by
Centralian
11 days ago
in USD, EUR, JPY, CAD, AUD, NZD, Commodities, Economic Indicators
The good news was that Euro Zone Growth (GDP) was released showing, no change, or 0.0% growth in the March quarter, just enough to hold the Euro Zone out of recession. The Germany economy once again led the pack, listing 0.5% growth over the quarter ...
posted by
Arnaud
11 days ago
in AUD
AUD/USD last trades at 0.9940. As the Sydney Morning Herald reported this morning, Martin Parkinson, Australian Treasury boss says the economy will survive one of the tightest budgets in years in part because its economic effects are milder than is ...
posted by
commodityblog
11 days ago
in USD, AUD, Fundamental
The Australian dollar gained today on speculation that its previous losses were excessive. The currency trimmed gains versus the Japanese yen and fell against the US dollar as fears of the European crisis returned to Forex traders.
posted by
rosales
11 days ago
in USD, EUR, GBP, CAD, AUD
Tomorrow's Bank of England Quarterly Inflation Report can shake things up a little for the Sterling. BoE governor Mervyn King will hold a press conference. If the report and conference gives the market confidence that QE will be off the table in the UK ...
posted by
mattypark
11 days ago
in USD, EUR, CAD, AUD
Against the Canadian dollar (CAD), the US dollar climbed to 1.0023 from 1.0006. Versus the Swiss franc (CHF), the greenback rose to 0.9361 from 0.9313, breaking through the 0.9330 resistance area. The Australian dollar (AUD) dropped below parity ...
posted by
forexalliancecom
12 days ago
in AUD, Fundamental, Special
In not so unexpected fashion, the Australian dollar came under pressure following the release of the Reserve Bank of Australia rate cut decision. RBA central bankers noted a continually slower pace of growth in the Pacific economy as consumer cr
posted by
commentary
12 days ago
in USD, EUR, CAD, AUD
The market will monitor his language for interest rate clues as well as gauging the strength of EUR/CHF's 1.20 Floor. First, looking at the USD/CHF, we see the market pushing above the March high at 0.9334. Note the RSI reading in the daily chart ...
posted by
MMarquit
12 days ago
in AUD
Australian dollar is struggling on the Forex market, especially against the US dollar. Concerns about what’s happening in Europe are affecting risk appetite, and sending Forex traders away from riskier assets like the Aussie and to low beta curre