AUD Trading Outlook Archive

The Australian Dollar (AUD) was under a lot of pressure after staging an impressive rally for the first half of the day trading as high as the 1.0080 before reversing and ending below parity. AUD/JPY acted as a drag on the AUD/USD as did weak… Read more

The Australian Dollar (AUD) tested resistance at parity for most of the day after tracking higher in Asia on the back of strong risk appetite. AUD/JPY also moved higher but many crosses were under pressure as traders pared back expectations of RBA rate hikes in… Read more

The Australian Dollar (AUD) dipped in Asia on Chinese concerns before recovering nicely in Europe on stronger stock markets. AUD/JPY is finding support under Y82 but upside is limited while USD/JPY struggles. Overall the AUD/USD traded with a low of 0.9861 and a high of… Read more

The Australian Dollar (AUD) was the most affected by the Chinese bank reserve hike on Friday with the pair slipping sharply over a cent below 0.9900 and crosses continued to be unwound. EUR/AUD was the biggest mover last week up nearly 4% higher. Overall the… Read more

The Australian Dollar (AUD) continued to rally with weakness in the USD allowing a test above parity before a pullback into the US close. EUR/AUD has begun to unwind heavy short positions after months of selling. Overall the AUD/USD traded with a low of 0.9914… Read more

The Australian Dollar (AUD) was very strong as shorts where squeezed and flooding was not as bad as forecast in the countries third biggest city. The weak USD and strong risk on environment made the Aussie the best performer in 2010 and should remain strong… Read more

The Australian Dollar (AUD) was under heavy selling pressure for most of the day as the Flood crisis worsened and the nation&rsquo s third largest city became to flood. With Billions of dollars damage and flood waters rising the market could still continue to sell… Read more

The Australian Dollar (AUD) tested below 0.9900 with the market struggling to maintain strength and starting to be sold on rallies. Devastating floods are undermining sentiment towards the risk currency although stock market movements should continue to be the major cause of movements going forward…. Read more

The Australian Dollar (AUD) ended slightly higher on the day but failed on a few occasions to break back above 1.0000 after the soft US Jobs data. AUD/JPY is a critical cross and is struggling to hold recent gains falling back below Y83. Overall the… Read more

The Australian Dollar (AUD) kept falling as commodities crashed due to speculation the CFTC would place limits on speculation. Support was found at 0.9930 but the mood and direction has changed sharply in the last 3 days. Overall the AUD/USD traded with a low of… Read more