AUD Trading Outlook Archive

Australian Dollar (AUD) the AUD/USD relief rally on the back of very strong jobs data was short lived and the downtrend has regained control focusing on 1.0000 in Asia today. The JPMorgan story has already hit the market and only the Chinese data can save… Read more

Australian Dollar (AUD) the AUD/USD tested 1.000 but the level held and in Asia today we have seen a large rally after stronger than expected April Jobs data. UPDATE April Employment Change at 15.5k vs. -5.5k forecast. April Unemployment Rate at 4.9% vs. 5.3% forecast.

Australian Dollar (AUD) the AUD/USD is being sold aggressively in the last 24 hours with the stock markets and the Greece debacle giving traders the green light. The RBA rate cuts is likely to see the AUD/USD test 1.000 and we could see this as… Read more

Australian Dollar (AUD) the range break to the downside was in danger of reversing yesterday with the market rallying from 1.0120 to 1.0220 in the European/US session. The outlook is for more negativity but there is expected to be two-way action on most days even… Read more

Australian Dollar (AUD) the AUD/USD broke the two month range to the downside on Friday breaking below 1.0200 and is targeting party at 1.0000 in coming sessions. Most are looking to sell on rallies with stocks and the EUR/USD also under pressure and the RBA… Read more

The Australian dollar (AUD) dropped – for a fourth consecutive day – to 1.0263 from 1.0304 against the US dollar, in anticipation of the monetary policy statement by the Reserve Bank of Australia (RBA) earlier today. In its statement, the nation’s central bank cut growth… Read more

Australian Dollar (AUD) the AUD/USD tracked stock markets lower yesterday with the risk off trading pressuring the downside. Support under 1.0300 was quickly found but the bounce was limited. The RBA rate cut has had little continued effect on the AUD/USD with the market now… Read more

Australian Dollar (AUD) the AUD/USD was sharply lower in Asia after the RBA cut rates by 0.5% vs. 0.25% expected to 3.75%. The AUD/USD found support at 1.0300 and was able to rally to 1.0350 later in the day. UPDATE CHINA HSBC PMI at 49.3… Read more

Australian Dollar (AUD) the AUD/USD pulled back overnight as the coming RBA risk event prompted the buyers in recent days to take profit in case the central bank cuts rates more than expected today. The RBA statement will also be digested for clues on the… Read more

Australian Dollar (AUD) the AUD/USD is defying the fundamental news and expected direction of a currency that is heading into an Interest Rate meeting where there is expected to be a rate cut. The RBA meeting tomorrow could see a 0.5% cut as calls from… Read more