AUD Trading Outlook Archive

The Australian Dollar (AUD) also eased against a rejuvenated dollar in overnight trade despite ongoing expectation of a rate hike by the RBA as early as November. The AUD will await the G20 developments to gauge a clearer sentiment in what has proved a whippy… Read more

The Australian Dollar (AUD) rebounded well, in anticipation of buoyant release of China data on Thursday. The AUD traded at a low of 0.9665 a high of 0.9889 before closing the day at 0.9859

The Australian Dollar (AUD) popped higher in Asia as RBA minutes of the October 5 meeting suggested that the decision to keep rates on hold at 4.5% (expectation to raise to 4.75%) was &ldquo finely balanced&rdquo . Markets interpreted the statement as further tightening could… Read more

The Australian Dollar (AUD) began the trading week under pressure in Asia, trading below Friday&rsquo s lows. &nbsp The AUD traded with a low of 0.9802 and a high of 0.9944 before closing the day at 0.9933. RBA Minutes on Tuesday have indicated that the… Read more

The Australian Dollar (AUD) finally broke above the parity mark for the first time in its 28 year, post float history. The Aussie traded above the mark, albeit it briefly, as Bernanke fuelled easing speculation. Yet selling was pronounced as the level remains a psychological… Read more

The Australian Dollar (AUD) traded once more at fresh post float high and came within a whisker of breaking the much publicized parity level. Boosted by the Singapore Central Bank actions in Asia, the Aussie dollar found further support as China Gov&rsquo t officials indicated… Read more

The Australian Dollar (AUD) traded at fresh 28 year post float highs during the US session as positive earning boosted sentiment in the on Wall Street. The AUD was further boosted by Westpac Consumer Confidence rising 3.3% in the month of October. The AUD traded… Read more

The Australian Dollar (AUD) shrugged off negativity of tighter credit conditions in China, following a rise in reserve requirement, seen for much of the Asian session, to take advantage of a battered dollar on speculation of an eventual second round of stimulus in the US…. Read more

The Australian Dollar (AUD) eased on news of China raising reserve requirement for several commercial banks, although selling pressure was limited when details of the reserve requirements were only in place for a 2 month period were released. The AUD traded with a low of… Read more

The Australian Dollar (AUD) was pressured initially following the release of payrolls on Friday as risk aversion saw an outflow from the AUD. On the domestic front RBA Dep. Governor Battelino spoke on the general economic outlook, and indicated that the currency was playing an… Read more