AUD Trading Outlook Archive

The Australian dollar (AUD) rose to 1.0496 and advanced to 1.0463 versus the US dollar. The British pound (GBP) dropped to 1.5710 from 1.5726 against the greenback, as investors prepare for Thursday’s policy announcements by the Bank of England (BoE).

Australian Dollar (AUD) the AUD/USD soared to fresh multi month highs almost touching 1.0500 as it tracked the EUR/USD higher. The bears have been completely wrong on the AUD in recent weeks with the China slowdown story not as big as many had predicted and… Read more

The Australian dollar (AUD) advanced to 1.0392 and advanced to 1.0301 versus the US dollar. The British pound (GBP) soared up a staggering 200-pips, from 1.5482 to 1.5682 against the greenback, as the pair recovers after the lower than expected a 2nd quarter GDP figure.

Australian Dollar (AUD) the AUD/USD reversed as aggressively from the start of Asia where support was found at 1.0180 after CPI came in slightly weaker than expected at 0.5% vs. 0.6% forecast Q/Q. The EUR/USD and subsequent US stock market rally helped extend the rebound… Read more

Australian Dollar (AUD) continued to act as the risk currency of choice tracking stocks lower for a second day and losing ground even against the Euro with the potential for even bigger losses in the event of a market crash. The EUR/AUD and GBP/AUD has… Read more

Australian Dollar (AUD) the AUD/USD was the risk currency in play yesterday down over 200 pips from Friday as stocks collapsed and traders who had bought into the Aussie rally last week where caught wrong-footed. The risk sensitive currency will track stocks and has a… Read more

Australian Dollar (AUD) the AUD/USD uptrend was damaged on Friday with the market caught long and a reversal being seen back under 1.0400. The selling has intensified on Monday morning Asia with negative Chinese news over the weekend and the mounting Global stock market losses… Read more

Australian Dollar (AUD) the AUD/USD broke 1.4000 yesterday and pushed up to 1.0450 with commodities and strong global stocks supporting the Asian commodity currency. The weak jobs data last week and mixed Chinese signals have been brushed aside with the strong demand via EUR/AUD selling… Read more

Australian Dollar (AUD) the AUD/USD broke higher above 1.0330 towards 1.0380 as stocks rallied and oil gained. EUR/AUD fell to a new record low and GBP/AUD is back towards 1.5000. The Australian currency is defying gravity lately shrugging off the weakness from China and instead… Read more

Australian Dollar (AUD) the AUD/USD was well supported on a dip to 1.0200 and finished the day near 1.0250. In Asian trade on Tuesday we saw an extension of the rally to 1.0300 on the back of neutral RBA minutes suggesting the central bank was… Read more