AUD Trading Outlook Archive

The Australian Dollar (AUD) the Aussie was the strongest currency once again after extremely strong employment data helped lift the commodity currency. September Employment change was +49k vs. 20k forecast. Parity is on the cards now as the market still prices in further rate hikes… Read more

The Australian Dollar (AUD) the Aussie tracked the Euro to year highs close to 0.9800. The market is still looking at the differing central bank outlooks with RBA close to raising rates while the US Fed is looking to ease more. The Aussie benefiting from… Read more

The Australian Dollar (AUD) fell sharply after the RBA held interest rates at 4.5% counter to expectations of a 0.25% rate hike. August retail sales rose 0.3% vs. 0.4% forecast as well and the Aussie tested day lows of 0.9540 in Europe. When Support was… Read more

The Australian Dollar (AUD) was under mild selling pressure for most of the day as the market pared back gains before today&rsquo s RBA rate meeting. With Sydney away on bank holiday yesterday the Asian open and reaction to key economic data today may set… Read more

The Australian Dollar (AUD) was strong breaking above 0.9700 as the risk asset of choice pushed higher. AUD/JPY buying and AUD/NZD strength helped lift but by far the biggest support is the ongoing speculation that Tuesday&rsquo s RBA meeting could result in another rate hike…. Read more

The Australian Dollar (AUD) suffered from profit taking and the reversal of stocks in the US session but there is still interest to buy on dips. AUD/NZD is pushing higher now above 1.3100. August Building Permits fell -4.7%. Overall the AUD/USD traded with a low… Read more

The Australian Dollar (AUD) tested above 0.9700 and was very well supported on the differing central bank outlooks. Commodities rallied and the mood is very bullish for the Aussie but the rally has been sharp and overbought levels can lead to a pullback if mood… Read more

The Australian Dollar (AUD) dips where very shallow and the market pushed higher once again to fresh year highs near 0.9690. The RBA meeting next Tuesday is the big key risk event for the Aussie where expectations for a rate hike have been increasing. Overall… Read more