AUD Trading Outlook Archive

The Australian Dollar (AUD) the Aussie was the weakest currency in the market yesterday after the ABS released revised lower inflation numbers. The revision takes pressure off the RBA to hike rates and now the louder talk in the market is for rate cuts as… Read more

The Australian Dollar (AUD) the Aussie underperformed as the usually well supported currency remaining on the backfoot with traders sitting on the sidelines watching the EU debt saga unfold. The potential for a banking crisis and the subsequent heavy selling that would cause in the… Read more

The Australian Dollar (AUD) the risk currency was under heavy selling pressure for most of the day with AUD/JPY break Y80 and AUD/USD falling below 1.0300. The market bounced into the US close with the sharp reversal of the US stocks but was far from… Read more

The Australian Dollar (AUD) The AUD/USD was already on a fragile footing after weak jobs data on Thursday and the sharp risk sell off sent the commodity currency below 1.0500 and AUD/JPY sharply lower towards the key Y80 pivot. The outlook is linked to the… Read more

The Australian Dollar (AUD) the AUD/USD slumped below 1.0600 after weak August Jobs data. Employment fell -9.7k vs. 11k forecast and the unemployment rate jumped to 5.3% vs. 5.1% previously. The weak data could prompt the RBA to hold interest rates.

The Australian Dollar (AUD) the Aussie led the global rally surging above 1.0600 after stronger than expected Q2 GDP. Q2 GDP came in at 1.2% vs. 1.0% previously. AUD/JPY broke above Y82 and could rally if the Yen weakens or intervention from the BOJ emerges… Read more

The Australian Dollar (AUD) the Aussie tested 1.0500 multiple times throughout the day on Euro debt fears but was able to find support under the figure and close unchanged. The RBA held at 4.75% and noted concerns on the global financial markets that could negatively… Read more

The Australian Dollar (AUD) the Aussie was under pressure from the open gapping lower and continue to push towards the 1.0500 key support as fear spread in the market of a fresh banking crisis in Europe. A data packed week will provide plenty of movement… Read more

The Australian Dollar (AUD) the Aussie came under pressure on AUD/JPY selling with US stocks but the major held at the 1.0640 supports. A big week of data ahead could cause plenty of trading opportunities with RBA Interest rate meeting and Jobs data. The recent… Read more

The Australian Dollar (AUD) the Aussie outperformed the rest of the market with strong economic data and good Chinese PMI data providing plenty of support even as stock markets fell. Resistance at 1.0720 broke in the European session before running out of steam and consolidating… Read more