AUD Trading Outlook Archive

The Australian Dollar (AUD) pushed another cent higher with sellers happy to wait for higher level the market flooded back into the high yielder. All time highs are close at 1.0257 and could be the topside target for buyers in the short term. Overall the… Read more

The Australian Dollar (AUD) did well in the pro risk environment with gold and oil both rallying and helping push the Aussie back above 1.0000. The recent 0.99-1.01 range is continuing to hold with the market comfortable at the levels for now. Overall the AUD/USD… Read more

The Australian Dollar (AUD) was sold hard back through 1.0000 on risk aversion and weak commodities. A softer than forecast Chinese CPI reading provided support in Asia but was interpreted as signs of economic weakness by European and US traders. Overall the AUD/USD traded with… Read more

The Australian Dollar (AUD) held on to gains better than most as the risk sensitive currency tracked stocks higher. The outlook for Aussie is close related to stock markets and commodities which for the short term are well supported. The longer term direction will be… Read more

The Australian Dollar (AUD) fell aggressively as RBA Governor Stevens talked down the prospect of future rate hikes and noted concern that recent floods will knock 1% off GDP this year. The positive end to Egypt protests sent the Aussie off lows, closing just above… Read more

The Australian Dollar (AUD) was hit by a wave of negative sentiment which combined with a strong Dollar to push the Aussie down for a test of parity. January Employment Change was +24k vs. +15k forecast but inside this number the number of fulltime workers… Read more

The Australian Dollar (AUD) also struggled to track the Euro higher falling back to 1.0100 support on profit taking in the US stocks. Westpac Consumer Sentiment bounced back +1.9% vs. -5.7% previously. Overall the AUD/USD traded with a low of 1.0086 and a high of… Read more

The Australian Dollar (AUD) was strong testing 1.0200 in late Asian before the surprise Chinese rate rise saw the commodity currency and Asian neighbor plummet sharply to 1.0130. Chinese stocks markets reopen after 5 days of closure for new year celebrations. Overall the AUD/USD traded… Read more

The Australian Dollar (AUD) found resistance at 1.0160 on multiple occasions but with stock markets stronger the Aussie remained well supported. December Retail Sales came out at 0.2% vs. 0.4% previously. Overall the AUD/USD traded with a low of 1.0102 and a high of 1.0163… Read more

The Australian Dollar (AUD) tested 1.0200 after a strong RBA quarterly update that continued to focus on the mining boom and inflation pressures. The two way price action post NFP was contained with the market giving into USD strength. Overall the AUD/USD traded with a… Read more