AUD Trading Outlook Archive

The Australian Dollar (AUD) the Aussie fell back with US stocks on Friday post NFP but the market is still looking to buy the AUD/USD on dips as the recovery in global risk appetite continues. AUD/JPY is providing plenty of support as well with the… Read more

The Australian Dollar (AUD) had eased on the back of disappointing Retail Sales number coming in at 0.2%, added to a fall in Building Approvals of -10.7% for the month of October. Further pressure on the AUD was seen as China PMI fell from 50.4… Read more

The Australian Dollar (AUD) was the best performing currency on Wednesday, rebounding off lows of 0.9943 back above the parity level first and foremost post China RRR cut news, before the news of Central bank joint efforts saw the currency leg up further to 1.0330,… Read more

The Australian Dollar (AUD) traded with a heavy tone throughout much of the day, as reports of possible Dexia rescue plan collapse may place France’s credit rating under review, added to poor Chinese PMI number released at 48, it lowest recording in 32 months, ensured… Read more

The Australian Dollar (AUD) has traded at fresh 6 week lows on Wednesday morning (Asia) of 0.9775 reacting to headline releases in EU. With risk substantially off the AUD continues to set multi week lows, with the NZD also recording an 8 month low of… Read more

The Australian Dollar (AUD) fell to fresh 5 week lows of 0.9964 on Friday before regaining the $1 level. With little data due, the AUD remained pressured to ever growing pessimism in regards to global growth outlook.

The Australian Dollar (AUD) found support in Asia shortly after having traded at fresh 5 week lows of 0.9975, rebounding to above 1.0100 before investor sentiment turned sour in late US to push the commonwealth currency back near 5 week levels.

The Australian Dollar (AUD) the Aussie hit day lows near the end of the Asian session before bouncing in Europe to test 1.0150. The selloff late in the day on the Fitch warning to US banks sent the Aussie back towards parity at 1.0000. The… Read more

The Australian Dollar (AUD) fell in sympathy with the Euro during the European session as Italian debt fears continued to cause risk aversion. The AUD/USD found support at 1.0120 and bounced back to opening levels as US data and stocks reversed direction. The Italian debt… Read more

The Australian Dollar (AUD) the Aussie fell back with stocks as the risk currency still tracks the main indices for direction. The European Crisis threatens to the derail the global recovery and this would hurt the AUD more than other currencies. The RBA Minutes released… Read more