AUD Trading Outlook Archive

The Australian Dollar (AUD) remained strong gaining 2% against the Euro with some strong local data underpinning along with positive risk sentiment. December Trade Balance at 1.9bn vs. 1.6bn forecast. Overall the AUD/USD traded with a low of 1.0081 and a high of 1.0165 before… Read more

The Australian Dollar (AUD) had a bout of profit taking but still ended the day on the front foot with traders still taking a shine to the commodity currency. Cyclone Yasi hit the northern part of Queensland but fortunately missed the major cities and damage… Read more

The Australian Dollar (AUD) shrugged off the risk aversion caused from the Egyptian uprising to push back towards 1.0000. Commodities have been strong with Oil pushing higher on supply fears and the Broader Commodity basket up 2%. Overall the AUD/USD traded with a low of… Read more

The Australian Dollar (AUD) shrugged off the risk aversion caused from the Egyptian uprising to push back towards 1.0000. Commodities have been strong with Oil pushing higher on supply fears and the Broader Commodity basket up 2%. Overall the AUD/USD traded with a low of… Read more

The Australian Dollar (AUD) a 4% gain in Oil and Surging Gold market did not help the risk sensitive AUD which came under strong selling pressure due. Most AUD crosses are reacting to the risk off trading environment, continuing to unwind gains in the last… Read more

The Australian Dollar (AUD) was hurt by the Japanese Downgrade and pullback in Gold overnight falling below 0.9900 after testing parity in Asia. Also weighing on the Aussie was the proposed flood levy announced yesterday but the Federal government. Overall the AUD/USD traded with a… Read more

The Australian Dollar (AUD) found resistance at parity overnight but was well supported on dips and could break the key level if investor sentiment remains high. The Aussie is continuing to underperform on crosses with AUD/NZD on the back foot and EUR/AUD pushing higher in… Read more

The Australian Dollar (AUD) weakness in Oil and Gold led the Aussie lower, with 0.9900 and 1.0000 containing the day&amp rsquo s action. Support for the Aussie still remains but the outlook is much harder with Chinese fears and USD strength going forward. Overall the… Read more

The Australian Dollar (AUD) was buoyant with the rise in copper and Equities supporting the risk sensitive currency. The Central bank outlook for Australia is mixed with some calling for more hikes this year whilst others look for a hold given the recent tragic flooding…. Read more

The Australian Dollar (AUD) was crushed in the US session as copper fell over 3% and the USD surged on strong data. The tone and mood towards the Aussie has changed markedly with the market finding itself caught long AUD against many pairs. Overall the… Read more