USD Trading Outlook Archive

AUD/USD The pair held to a tight but choppy range (0.8766/0.8816) for the NY session. NY walked in with the pair sitting just above 0.8800. An early bout of USD strength brought on by the above f/c headline CPI number had AUD/USD slip to the… Read more

AUD/USD An bout of JPY strength in early NY saw AUD/USD slip from just above 0.7880, pierce the 200-hour MA and touch a NY low of 0.8758. The dip reversed though as broad USD softness trumped JPY strength. The pair began climbing off the low… Read more

AUD/USD Europe played both sides of the 200-HMA in their morning. a late morning push off improved risk sentiment had it near 0.8790 into NY’s open. News that the PBOC will inject 200bln Yuan of 3-mo loans to 5 or 6 Chinese banks put a… Read more

AUD/USD AUD fell victim to the risk-off sentiment as Europe’s equity markets tanked along with commodities. AUD/USD slide from near 0.8800 towards 0.8685 before it bounced towards 0.8720 ahead of NY’s open. Risk sentiment was still soft and WTI dipped below $80/bbl. This saw early… Read more

AUD/USD Europe pushed back against the rally begun in Asia. Offers into the 200-HMA limited gains and the pair slipped towards 0.8725 into NY’s open. It sat near that level ahead of the US econ data as well. The US data had no redeeming qualities… Read more

AUD/USD Europe erased Asia’s gains and had AUD/USD dip to 0.8718 before it bounced near 0.8740 into NY’s open. Early NY saw some USD weakness and risk sentiment shift up a bit. This allowed AUD/USD to rally but the lift stalled short of the 200-HMA… Read more

AUD/USD Did little in the NYC time slot after a higher open, and continues to flop to either side of the 200 hma at .8763. US short rates collapsed on the back of dovish statements from various Fed officials at the weekend’s IMF meeting, most… Read more

AUD/USD The combination of China’s coal tariffs, soft Oz investment housing finance and a general risk-off theme saw Europe smash AUD/USD lower. Bears drove the pair towards 0.8725 into NY’s open. Commodity prices and equity futures were all in negative territory as NY got going… Read more

AUD/USD Europe added to Asia’s gains. The pair was pushed up near the 0.8900 level as the USD and US bond yields were generally soft. The rally stalled though as the USD slide halted. AUD/USD slid from the 0.8899 high & sat near 0.8875 into… Read more

AUD/USD Europe sold a rally towards 0.882 and had the pair near 0.8790 as NY got going. NY kept the pressure on as the USD was firm for most of NY. The pair pushed towards 0.8760 before bouncing a bit. Another leg lower took hold… Read more