USD Trading Outlook Archive

The Australian Dollar (AUD): The pair rallied to a high of 0.9318 in early Europe session but stalled as offers into the 200-HMA & 21-DMA. AUD slid to 0.9275, start of NY session, EUR/AUD recovery and a better than f/c U.S pending home sales added… Read more

Currency Summaries EUR/USD Tight ranges held in NY as action early in the session saw the day’s range basically matched. NY traded 1.3830-1.3847 with the it settling near 1.3840 to end the week. Second tier US data wasn’t able to stir the market. April’s Markit… Read more

The Australian Dollar (AUD): The AUD traded lower with the broader sell off in emerging and high beta currencies. U.S Durable data was relatively good, keeping the USD upside bias. The AUD only managed to touch 0.9300-05 area and dropped back down to a low… Read more

The Australian Dollar (AUD): The pair did not manage to bounce back much after the CPI drop. Bears are encouraged by the Aus forward short rates, which continued to grind lower despite the recent concern about inflation. However, investors should also take into account the… Read more

The Australian Dollar (AUD): Under a quiet session yesterday, the AUD had been trading on either side of the 200 HMA. Market awaits for Q1 CPI and the HSBC China PMI. Bulls remains strong as the pair crossed upward to the 40 and 200 day… Read more

The Australian Dollar (AUD): The AUD managed to slightly push itself back up after being pressured by 1.5% drop in Shanghai on Monday. The key data for this week on the AUD will be the Q1 CPI (3.2% f/c vs 2.7% prev). Even though a… Read more

The Australian Dollar (AUD): The pair opened in NY session around 0.9345, 25-30 pips vs last night’s close. Sydney traders noted strong demand for AUD/JPY which drove the pair up high but a large offer ahead of 94 cents capped the rally. Better than expected… Read more

The Australian Dollar (AUD): The pair opened around 0.9360 in NY session, a few pips below last night’s close, relatively tight ranges been played of 0.9333/80. Technical traders buying the bounce off the 200-HMA, AUD/JPY buying started the Aussie in Sydney last night. Some AUD/CAD… Read more

The Australian Dollar (AUD): AUD/USD opened in NY session at 0.9390, after an Asian session sell off sparked by 0.8% drop in the Shanghai Composite Index. Higher than Expected U.S CPI gave USD a boost and the metals complex, base & precious took a hit…. Read more

The Australian Dollar (AUD): The pair was trading in a relatively tight range yesterday of 20-25pips. However, the AUD held up very well given the US retails sales was very strong. RBA minutes will be due at 01:30GMT, even though major change is expected but… Read more