USD Trading Outlook Archive

The Australian Dollar (AUD): The pair lifted to hourly resistance in the 0.9425/35 zone as USD/JPY failed to push back above 102 again. The USD attempted to make a comeback in early NY session and a miss to JP Morgan’s earnings hit risk. AUD dipped… Read more

The Australian Dollar (AUD): Europe session tested and pierced the last November high of 0.9448. The pair then drifted a bit lower to near 0.9435 as USD/JPY made a run towards 102 after better than f/c unemployment claim. The pair tested the hourly support but… Read more

The Australian Dollar (AUD): Offers protected the 0.9400 barrier twice and slid back to a low of 0.9348 in NY session. The FOMC minutes came in relatively dovish and US bond yield gave up earlier gains while USD went broadly offered. AUD/USD made another strong… Read more

The Australian Dollar (AUD): AUD ignored the JPY strength throughout Europe and NY session. The pair remained bid as USD was generally soft and emerging currencies maintained their upward tone. AUD/USD pushed from near 0.9290 towards 0.9340, a slight pulled back and dip was bought… Read more

The Australian Dollar (AUD): Offers ahead of 0.9300-0.9310, both Europe and NY session continued to add pressure for the pair. Soft equity futures and some short covering in USD against emerging currencies weighed on AUD and saw the pair slide to a low of 0.9254…. Read more

The Australian Dollar (AUD): The miss on the NFP data and unemployment rate spiked USD lower which made the pair rallied to 0.9290 quickly and further lifted towards 0.9308 but was unable to break above it. Later in the session, the AUD just sat near… Read more

The Australian Dollar (AUD): As Asia could not fully break the 0.9200 barrier, we saw short covering started as Europe session came in and pushed the pair to a high of 0.9245. USD/JPY support (103.80/85) hold and once again we saw another broad bid on… Read more

The Australian Dollar (AUD): The pair was trading in tight ranges (0.9230-65) throughout Europe and NY session with slightly bearish signals as USD strength is still the overall sentiment for the market and the AUD was bought on crosses. The AUD now could go either… Read more

The Australian Dollar (AUD): The AUD posted new high after initial RBA statement and slid back to around 0.9250-60 area. USD/JPY made steady gains from 103.20 towards 103.75 aided to keep AUD/USD bounces limited. NY walked in with the pair near 0.9260 and early action… Read more

The Australian Dollar (AUD): Both Europe and NY session tried to pressure the AUD, however, downside were limited after Yellen’s relatively dovish statement and rallied the pair from a low of 0.9217 to 0.9278. Big day today for the AUD as market awaits for Chinese… Read more