AUD Trading Outlook Archive

Australian Dollar (AUD) did very well to hold up closing above 1.0300 and surprising many with the strength seen in recent days. EUR/AUD hit fresh all-time lows near 1.2250 and is continuing to trend lower in extremely oversold territory. Looking ahead the global stock markets… Read more

Australian Dollar (AUD) broke above 1.0330 resistance as the Aussie reacted to European stocks and the move higher in the Euro. EUR/AUD did cover some degree from 1.2300 to 1.2450 but the market once again sold into this bounce and the EUR/AUD finished under 1.2400…. Read more

Australian Dollar (AUD) the EUR/USD and GBP/USD sell off in Europe sent the Aussie to day lows but AUD/JPY buying and general support for the high yielder recently allowed the pair to finish unchanged. The mild risk aversion is not proving as dangerous for the… Read more

Australian Dollar (AUD) the AUD/USD once again outperformed the rest of the risk currencies with the Asian commodity currency seen insulated from the Eurozone debt crisis and fortunes instead linked to the China story. Some weaker than expected Chinese import data yesterday has prompted some… Read more

Australian Dollar (AUD) the AUD/USD reversed above 1.0200 and rallied with US stock able to shrug off worse than expected retail sales. November Retail Sales at 0.0% vs. 0.3% forecast. The selling recently has been subdued and the Aussie is showing resilience in an equity… Read more

Australian Dollar (AUD) was very contained compared to most majors with the good US jobs numbers supporting the risk currency but the USD strength containing any upside. The market opened up weaker in Asia on Monday however after weekend reports that China would be downgrading… Read more

The Australian Dollar (AUD) the Aussie struggled in the European session hitting 1.0230 lows after breaking below 1.0300 in the Asian session. The market then stabilized with US stocks but struggled to bounce with the market uncertain if the Euro crisis is going to ease… Read more

The Australian Dollar (AUD) the Aussie dipped towards 1.0300 but found support and closed at opening levels in a bullish resistance to the Eurozone risk off. EUR/AUD hit all-time lows under 1.2500 and is continuing to trend lower. The outlook is mixed with a major… Read more

The Australian Dollar (AUD) the Aussie led the market higher gaining against all the majors with the commodity currency the first choice to express positive risk appetite. EUR/AUD is still at all-time lows near 1.2500 and GBP/AUD is moving towards 1.5000 and then 1.4800 all-time… Read more

The Australian Dollar (AUD) the AUD/USD continued to be supported on Monday after a move up to the top end of its recent range on Friday. The outlook is improving with China economic data not slumping as much as feared and the RBA signaling it… Read more