AUD Trading Outlook Archive

Australian Dollar (AUD) Trading Outlook (20-12-2010)

December 20, 2010

The Australian Dollar (AUD) avoided much of the volatility from the Irish downgrade with the market pushing EUR/AUD lower and AUD/USD finding support at 0.9850 once again. The Aussie has been in a 2 cent range for the last 2 weeks as end of year… Read more

Australian Dollar (AUD) Trading Outlook (17-12-2010)

December 17, 2010

The Australian Dollar (AUD) was volatile grinding higher throughout the day towards 0.9900 before falling sharply into the start of the US session finding support at 0.9830. AUD/JPY remained above Y83 as the market found constant demand. Overall the AUD/USD traded with a low of… Read more

Australian Dollar (AUD) Trading Outlook (16-12-2010)

December 16, 2010

The Australian Dollar (AUD) was sold steadily throughout the day with both USD strength and increasing risk aversion due to the precarious European Situation. AUD/NZD pushed above 1.3300 and is providing some support. Overall the AUD/USD traded with a low of 0.9839 and a high… Read more

Australian Dollar (AUD) Trading Outlook (15-12-2010)

December 15, 2010

The Australian Dollar (AUD) did well in the risk on trading breaking above 1.0000 and overcoming much of the USD strength to close just under parity. AUD/JPY push in the Y83 level comfortably and AUD/NZD is remaining near Year highs on NZD underperformance. Overall the… Read more

Australian Dollar (AUD) Trading Outlook (14-12-2010)

December 14, 2010

The Australian Dollar (AUD) the Aussie began to rally in late Asia when it became clear that China would not be raising interest rates in response to the strong CPI numbers over the weekend. China Stock rallied 3% and kick started a global equity rally…. Read more

Australian Dollar (AUD) Trading Outlook (13-12-2010)

December 13, 2010

The Australian Dollar (AUD) the Aussie tested 0.9900 before easing back on USD strength in the US session. Attention will be on China stock markets today after very strong CPI at 5.1% y/y released on Saturday. Overall the AUD/USD traded with a low of 0.9829… Read more

Australian Dollar (AUD) Trading Outlook (10-12-2010)

December 10, 2010

The Australian Dollar (AUD) the Aussie jumped on very strong November Jobs Numbers at +54k vs. +20k&nbsp forecast. The Unemployment rate fell to 5.2% vs. 5.4% previously. AUD/USD found solid resistance at 0.9880 and eased back to 0.9820. Overall the AUD/USD traded with a low… Read more

Australian Dollar (AUD) Trading Outlook (09-12-2010)

December 9, 2010

The Australian Dollar (AUD) The Aussie tracked the Euro and stocks lower in Asia and struggled to recover later as gold fell in the US session. AUD/JPY performed the best holding above Y82. Overall the AUD/USD traded with a low of 0.9751 and a high… Read more

Australian Dollar (AUD) Trading Outlook (08-12-2010)

December 8, 2010

The Australian Dollar (AUD) the market shrugged off a neutral RBA meeting where they held at 4.75% stating &lsquo rates appropriate&rsquo . The strong tone was reversed in the US session however and the market pushed the commodity currency to week lows. Overall the AUD/USD… Read more

Australian Dollar (AUD) Trading Outlook (07-12-2010)

December 7, 2010

The Australian Dollar (AUD) was under pressure due to profit taking with investors sidelined ahead of today&rsquo s RBA rate announcement widely forecast to remain at 4.75% due to weakness in some key economic data last month. Overall the AUD/USD traded with a low of… Read more

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