USD Trading Outlook (07-05-2015)

AUD/USD
• Bid from Asia carries over into NY open, ~0.7985 as NY gets going
• Bulls press further on ADP miss as US Tsy yields & USD sink
• Stops >0.8020 run & new trend high (0.8040) made
• Yield & USD rebound see steady sales, some adding to shorts
• Near 0.7945/55 support late in day, Oz jobs risk due
• If upbeat April high to be tested ahead of RBA SMP

Back to Currencies Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.