A$ below parity with US$
... its economy and reverse deflation via very stimulatory monetary policies. Global equity markets closed higher across the board. The Gold price fell nearly 0.6% to USD$1456 an ounce. The NZD opens at 0.8275 USD, 0.8275 AUD, 0.6385 EUR, 0.5390 GBP, ...
AUD/USD Forecast May 13-17
The Australian dollar took a tumble, losing close to three cents against the US dollar this week. The pair dipped below the parity level, before closing at 1.0021. This week’s highlight is the Annual Budget Release. Here is an outlook of the even
Another good news session for GBP yesterday
Clearly a lower inflation outlook plays into the hands of those anticipating a further interest rate cut from the RBA. Sterling is trading up at a 4 month high of 1.5350, which is pretty much the high of the year. STERLING/NEW ZEALAND DOLLAR: The ...
US dollar just said something we should listen
Overnight, the RBA didn't do anything to help the Aussie's cause as the banks' monthly report cut the country's inflation forecasts and was downbeat on the prospects for growth. The move below 1.0100 in AUDUSD was critical, and now we have prospects ...
Australian Dollar Outlook - 10 May 2013
The RBA's Statement on Monetary Policy is the local highlight today and as far as the AUD, it literally anyone's guess! Majors: Currencies were very much the centre of global market attention overnight. In Europe, UK industrial production was stronger ...
Aussie Dollar Falls Toward Parity Before RBA Updates Forecasts
The Australian dollar was 0.9 percent from falling below parity with its U.S. counterpart for the first time in 10 months as the central bank lowered its inflation forecast following an interest-rate cut this week. The so-called Aussie dropped versus ...
Flash: AUD/NZD, reversal more likely than fresh weakness - TDS
"The risk to our view is that disappointing Aussie data over the coming weeks combined with the sustained high AUD pushes the RBA to cut rates again in June or July. Next week, at least, we expect activity data to be upbeat via a likely surge in home ...
Australia shares may open lower as major markets take breather
... TSY YLD 1.8135 -- 0.000 SPOT GOLD 1457.29 -0.03% -0.410 US CRUDE 96.09 -0.31% -0.300 DOW JONES 15082.62 -0.15% -22.50 ASIA ADRS 145.08 -0.68% -0.99 * S&P500 slips, snaps five-day streak of record closes * Brent oil closes higher after late ...
Currency markets explode into life
Big 4 need NZ$500m more capital. Reserve Bank's move to make the big four banks hold more capital against housing loans adds up to NZ$125 mln on average. ..... The ONS said this data will have little bearing on Q1 GDP. *China April CPI exceeds ...
Dollar extends gains after US jobless claims report
... rising 0.51% to 0.8443 and USD/CAD dipping 0.02% to 1.0029. Earlier Thursday, official data showed that the Australian economy added 50,100 jobs in April, far more than the expected 12,000 increase, while the unemployment rate ticked down to 5.5%.
Elliott Wave Forecast: AUD/USD – Hold short entered Sell at
Although aussie has rebounded after finding support at 1.0155 again yesterday and consolidation above this support would be seen, reckon upside would be limited to 1.0254-55 and bring another decline later, a break of said support would extend th
AUD/USD: Australian Unemployment Dropped In April
For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 1.0191.LME Copper prices rose 1.2% or $88.5/MT to $7326.0/MT. Aluminium prices rose 2.4% or $45.00/MT to $1886.5/MT.


