AUD Trading Outlook Archive

The Australian Dollar (AUD) the Aussie came under profit taking in the Asian session but closed at the 1.0700 level in the US session as trader still had appetite to but the commodity/risk currency. The RBA meets tomorrow and still pricing a better than 50-50… Read more

The Australian Dollar (AUD) was the currency of choice as US stocks soared 3% the AUD/USD broke above 1.0500 surging to 1.0750 before stalling and consolidating lower. AUD/JPY broke above Y80 and AUD/NZD broke above 1.3000. The RBA rate meeting next week is now in… Read more

The Australian Dollar (AUD) the Aussie broke under 1.0400 yesterday after slower than expected Q3 CPI core measurements. The market is now pricing in a high chance of the RBA cutting rates at next weeks meeting and this is capping gains. Later, the AUD/USD soared… Read more

The Australian Dollar (AUD) the AUD/USD failed to get above 1.0500 going into the European session and when stocks turned negative the pair fell back to 1.0400 supported. Q3 CPI figures just released were at forecast at 0.6% q/q but the core figures showed a… Read more

The Australian Dollar (AUD) the Aussie was the strongest currency in the market breaking above 1.0400 and then surging to test 1.0500 in the US session as stocks extended gains. Strong Chinese data helped in the Asian session and the QE3 talk hurt the USD… Read more

The Australian Dollar (AUD) the AUD/USD soared above 1.0300 with the large gains in US stocks propelling the risk currency higher. The market has been buying the Australian dollar aggressively in recent weeks on optimism of a positive outcome in the EU. Looking ahead, Q3… Read more

The Australian Dollar (AUD) the AUD/USD found support at 1.0150 in Europe and reversed sharply back to 1.0300 in the US session as stock markets reacted positively to the suggestion that the EU may combine the different bailout funds already in place to increase the… Read more

The Australian Dollar (AUD) the Aussie climbed back above 1.0300 and retested the month highs at 1.0350 forming a double top before reversing aggressively and falling with the change in mood in the US session. The outlook is closely linked with the stock markets direction… Read more

The Australian Dollar (AUD) the AUD/USD was volatile hitting support at 1.0100 before rallying back to 1.0300 at the height of the US stock market reaction to EU debt deal news. The Chinese GDP earlier in the day missed slightly at 9.1% vs. 9.3% forecast.

The Australian Dollar (AUD) The Aussie led the market on the way up and when the profit taking started the AUD/USD collapsed from 1.0370 to 1.0180 in sharp selling. The outlook is mixed with speed of the run up keeping buyers cautious to buy aggressively… Read more