AUD Trading Outlook Archive

The Australian Dollar (AUD) was the darling of the market with the AUD/USD breaking above 1.0300 as stocks continued to rally. AUD/JPY surged towards Y80 a key level in the last 12 months. China inflation data was ok but traders are still cautious on the… Read more

The Australian Dollar (AUD) tracked the European stocks lower before rallying back to 1.0200 in the US session as the buyers came in on the dip. Today&rsquo s Chinese CPI number will be critical in whether the AUD/USD can extend recent gains with the market… Read more

The Australian Dollar (AUD) was the best performing currency in the market overnight with the risk on rally and AUD/JPY buying pushing the major above 1.0000. Large stops sent the AUD/USD to 1.0200 by the US session in one of the biggest moves the AUD/USD… Read more

The Australian Dollar (AUD) the AUD/USD had interesting trade overnight with the pair testing 1.0000 three times but failing at each attempt at the critical level. The market finished on a weak footing and could now test support after finding such a strong resistance topside…. Read more

The Australian Dollar (AUD) the 5th day of rally has seen a staggering recovery for the risk sensitive Australian dollar. AUD/USD tested parity overnight trading above the key 1.0000 level before easing back into the close. AUD/JPY is one way action with very shallow pullbacks… Read more

The Australian Dollar (AUD) finished unchanged with a rally above 0.9800 reversed sharply in the US session. The market is eager to buy the high yielding Aussie with the fear seen in previous weeks leaving the market and the commodity currency at relatively cheap levels.

The Australian Dollar (AUD) some strong August Retail sales (0.6% vs. 0.3% forecast) helped the AUD/USD to rally above 0.9600 in a solid performance in the European and US sessions. Most crosses saw AUD gains with buying notable on the AUD/JPY which is a favorite… Read more

The Australian Dollar (AUD) the Aussie was sold aggressively in the risk off environment breaking below 0.9500 and then 0.9400 with solid economic data providing little support. August Trade Balance surged to 3.1bn vs. 1.9bn forecast. The RBA also met and held at 4.75% as… Read more

The Australian Dollar (AUD) the Aussie was under pressure from multiple angles with concerns about Chinese property and crashing commodities making the risk currency one of the worst performers overnight. Support is seen at 0.9480 but the downtrend is well entrenched. Update August Trade Balance… Read more

The Australian Dollar (AUD) selling came back in force breaking to 0.9650 in the US session with the uncertainty and lack of progress on Greece creating a toxic environment for the Aussie. Commodities are also under heavy selling pressure and Chinese concerns are adding to… Read more