AUD Trading Outlook Archive

The Australian Dollar (AUD) AUD/USD popped above 1.0000 briefly in the European session but this was quickly reversed and we saw the pair trade towards 0.9960 in late US weakness. The outlook is negative as the RBA cuts rates and Chinese growth is questioned and… Read more

The Australian Dollar (AUD) hit new lows in Asia falling to 0.9860 before rebounding in the European session with the positive stocks and rally in Gold. AUD/USD failed to break above 1.000 and fell back later in the day for a mixed signal to the… Read more

The Australian Dollar (AUD) The AUD/USD followed stocks and Oil lower hitting 0.9900 overnight with buyers sitting on the sidelines while the EU debt crisis continues. The longer term outlook is more mixed with the RBA cutting rates and economic data softening both locally and… Read more

The Australian Dollar (AUD) the AUD/USD broke below 1.000 as the sentiment soured during the US session. Some traders were disappointed that the US fed did not mention anything to do with QE3 but the downtrend is also in place and expectations of a move… Read more

The Australian Dollar (AUD) the AUD/USD broke below 1.0100 as the selling intensified going into Europe but was able to find support at 1.0050 as US stocks found a bottom overnight. The parity level is very close and the Aussie could be trading under the… Read more

The Australian Dollar (AUD) the AUD/USD more volatile than most falling heavily in Asia before reversing and rallying up to 1.0200. Chinese data on Friday was supportive but the EU summit concerns dominated the price action. The chances of more falls will depend on Italian… Read more

The Australian Dollar (AUD) weak Australian Job numbers in November with a -6k change vs. +10k forecast sent the AUD/USD lower in Asia but optimism in Europe saw the risk pair rally to 1.0380 before once again reversing aggressively on the ECB disappointment. The outlook… Read more

The Australian Dollar (AUD) rallied on solid GDP numbers for the Q3 coming at 1.0% Q/Q which is one of the highest in the developed world supported by strong mining exports to China. The AUD/USD tested 1.0300 in the US session but found solid resistance… Read more

The Australian Dollar (AUD) was sold aggressively after the central bank RBA cut rates to 4.25% vs. 4.5% previously. The market found support under 1.0200 and bounced back in Europe with stock markets rallying. The outlook is mixed with the Chinese story darkening and the… Read more

The Australian Dollar (AUD) the AUD/USD traded between 1.0200 and 1.0300 but ended at 1.0250 as the market was steady ahead of the RBA meeting today. The outlook is mixed with most looking for a cut but a very real chance the RBA hold as… Read more