AUD Trading Outlook Archive

Australian Dollar (AUD) the AUD/USD pushed back above 1.0200 and caught the market on the wrong side after the large sell off seen after June’s weak Jobs data last week. The outlook is for more gains with the support on dips been relentless lately.

Australian Dollar (AUD) the AUD/USD was a big mover overnight falling dramatically against the USD and most crosses when Unemployment missed for June. The trading so far in Asia has seen some buying come through though with stocks recovering into the weekend and Chinese GDP… Read more

Australian Dollar (AUD) The AUD/USD was another currency in play during the Asian session as June Employment dropped -27k unexpectedly vs. 0k forecast. The Unemployment rate also increased to 5.2% and the AUD/USD was crushed lower under 1.0200 to 1.0180 after opening at 1.0260. Looking… Read more

Australian Dollar (AUD) the AUD/USD shrugged off weak Chinese data to rally in Europe to 1.0240 but when the EUR/USD fell the AUD/USD was dragged back below 1.0200 finishing weak near 1.0180 support. Looking ahead, no economic data Wednesday.

Australian Dollar (AUD) the AUD/USD is the main risk currency in play this week with the daily China data releases and close scrutiny of the emerging economic powerhouse. AUD/USD found support at 1.0160 and grinded back above 1.0210. Looking ahead, June Consumer Confidence previously at… Read more

Australian Dollar (AUD) the AUD/USD reversed direction with US stocks falling to 1.0180 supports. The AUD/USD has outperformed last week with solid economic data and new all-time lows for the EUR/AUD helping lift the commodity currency. The EUR/AUD is looking to test the major 1.2000… Read more

Australian Dollar (AUD) the AUD/USD held up better than most overnight with EUR/AUD selling to record lows new 1.2000 helping the major to remain supported against the USD. China cut rates and this also helped keep the Asian neighbor currency in demand. The China story… Read more

Australian Dollar (AUD) the AUD/USD is holding to a tight range just under 1.0300 as the market consolidates. The AUD/USD did push above 1.0300 briefly in Asia yesterday on the stronger than expected May Retail Sales but traders are hesitant to be too long into… Read more

Australian Dollar (AUD) the AUD/USD was well supported from the stock market rally with the RBA hold at 3.5% and indicating patience and caution going forward with European and Chinese threats still existing to the Australian economy. They did not however the underlying outlook and… Read more

Australian Dollar (AUD) the AUD/USD was up and down all day in a 50 pip range around the 1.2040 level. The outlook is for more gains if stocks continue to fall with economic data recently strong from the commodity country after the RBA cut rates…. Read more