The Australian Dollar (AUD) the Aussie was once again of the best performing currencies in the market once again tracking stock markets higher. GBP/AUD and EUR/AUD has resumed its downtrend after a major rally in the first two weeks of the month and are threatening… Read more
AUD Trading Outlook Archive
Australian Dollar (AUD) Trading Outlook (01-09-2011)
September 1, 2011Australian Dollar (AUD) Trading Outlook (31-08-2011)
August 31, 2011The Australian Dollar (AUD) the Aussie fell out of sync with other majors breaking above 1.0700 on the strong stock market reaction to growing expectations of QE3 from the US fed. The perverse reaction of weak US data leading to stock gains on expectations of… Read more
Australian Dollar (AUD) Trading Outlook (30-08-2011)
August 30, 2011The Australian Dollar (AUD) the Aussie broke above 1.0600 in Asia and tracked stocks higher in Europe and the US session to close on a solid footing threatening more gains. The AUD/JPY was strong taking out Y82 and providing plenty of support for the major…. Read more
Australian Dollar (AUD) Trading Outlook (29-08-2011)
August 29, 2011The Australian Dollar (AUD) the Aussie found support after the selloff post Bernanke speech and surged to week highs on the strong US stock market finish. The outlook is closely linked to the stock market with the pickup in risk appetite making it easy to… Read more
Australian Dollar (AUD) Trading Outlook (26-08-2011)
August 26, 2011The Australian Dollar (AUD) The Aussie tried to break above 1.0500 but was unable to hold onto the gains and fell back with US stocks later in the day. The AUD/USD has been very quiet given the stock market volatility but is threatening to push… Read more
Australian Dollar (AUD) Trading Outlook (25-08-2011)
August 25, 2011The Australian Dollar (AUD) the Aussie was very subdued with the risk currency remaining well supported even with a sharp fall in gold. 1.0500 is proving a key pivot in the recent days with little interest to push either side. AUD/JPY is doing well as… Read more
Australian Dollar (AUD) Trading Outlook (24-08-2011)
August 24, 2011The Australian Dollar (AUD) The Aussie was the best performing currency in the market with the Chinese PMI impressing and the RBA Deputy Battellino talking positively about the Australian outlook. The stock markets added to the rally and the Aussie pushed above 1.0500 in the… Read more
Australian Dollar (AUD) Trading Outlook (23-08-2011)
August 23, 2011The Australian Dollar (AUD) The Aussie was under pressure early and a brief rally in Europe was sold in the US session back below 1.0400. Chinese PMI and a Speech today from RBA deputy governor Battellino will drive movement today in Asia. AUD/JPY tested Y80… Read more
Australian Dollar (AUD) Trading Outlook (22-08-2011)
August 22, 2011The Australian Dollar (AUD) the market was caught short on the Aussie after such heavy selling on Thursday and we had a short squeeze in Europe back to 1.0480. The gains were pared into the close and more downside is likely if stock markets continue… Read more
Australian Dollar (AUD) Trading Outlook (19-08-2011)
August 19, 2011The Australian Dollar (AUD) the Aussie fared badly in the US stock crash with sellers pushing the commodity currency back under 1.0400 after testing 1.0600 the day before. AUD/JPY is under pressure and if problems continue the AUD/USD could fall back to parity at 1.0000.