USD Trading Outlook Archive

AUD/USD AUD continued to benefit from upbeat data in European trade. AUD/USD added to gains from Asia and sat just above 0.9320 into NY’s open. The USD was generally weak in early NY and the pair pushed further. A high of 0.9352 was hit before… Read more

AUD/USD Aussie couldn’t recover from overnight losses during the NY session. Europe had added to Asia’s losses and had AUD/USD sit just below 0.9290 into NY’s open. An early NY dip below 0.9280 met buyers and the pair rebounded near 0.9290. Aiding the lift towards… Read more

AUD/USD ran into resistance ahead of 0.9355 in early European trade after extending north from 0.9318 (Asia low). Light stops are tipped above 0.9355 (0.9356 = Fri NY session high), with offers mooted pre-0.9400. The RBA is expected to leave its cash rate at 2.5%… Read more

AUD/USD A tight range held for most of Europe. They did try a run above 0.9360 but failed to gain much ground as solid offering interest was noted above the recent high and into 0.9400. A slide took the pair to the day’s 0.9332 low… Read more

AUD/USD Europe added to the gains brought on by Oz CAPEX. Bulls managed to hit a new s-t trend high of 0.9374 but couldn’t breach the TL off the April 2013 high or the high from August 6th. The headlines from the Ukraine/Russia situations hit… Read more

AUD/USD Commodity currencies were well bid in Europe’s session and AUD/USD added to gains made during Asia’s session. The pair managed to work into structural resistance and sat near 0.9340 into NY’s open. US bond yields were soft in early NY and the pair’s rally… Read more

AUD/USD The rebound off Asia’s low looked set to continue through the NY session. The o/n lift had AUD/USD near 0.9315 into NY’s open. The lift persisted in early NY as the USD was generally soft and US bond yields were off their overnight highs…. Read more

AUD/USD Europe saw an opportunity to sell AUD/USD after AUD/NZD put in an impressive rally overnight. They sold the pair from the 0.9324 high ad had it near 0.9315 as NY got going. NY maintained pressure as the USD firmed up in early NY after… Read more

AUD/USD shook off a new high for the move in the broader USD, holding a test of key support at .9290. Fed chair Yellen’s speech offered little new news, but expectations were so high for a dovish slant that the net result ended up giving… Read more

AUD/USD recovered along with a generally softening of the USD after the Asian grab-a-thon in response to the hawkish turn in the latest issue of Fed meeting minutes. The US fixed income markets are expecting Ms Yellen’s speech at Jackson Hole to be more dovish… Read more