Currencies Archive

AUD/USD Europe rallied AUD/USD off s-t support in the 0.8925/30 area and had it near 0.8965 into NY’s open. A slide in USD/JPY in early NY aided AUD/USD’s further along. The pair reached 0.8995 but ran out of gas. Offers touted above 0.9000 and a… Read more

AUD/USD Europe ha the pair hug the 0.8970 area for the most part in their morning as the mkt continued to digest the movement post-FOMC. NY walked in with the pair near 0.8975 and it looked set to consolidate further. Bear took control early on… Read more

AUD/USD elicited fresh support at 0.9061 (Asia low) on two occasions during the Ldn am (to date), with 0.9078 marking the interim high. More bids are tipped at 0.9050 (Mon high & small option expiry level) and 0.9030 (Sept 12 low). There is a very… Read more

AUD/USD Early Europe saw the pair ignore the China data and rally off the 61.8 Fib of 0.8660-0.9505. The lift was aided by EUR/AUD’s fall from above 1.4715 towards 1.4300. As NY got going AUD/USD sat near 0.9015 and the lift persisted. More sales in… Read more

AUD/USD The market is still in sell rallies mode as Europe smashed a rally from near 0.9050 to 0.9080 early in their session. the sales pushed the pair just below 0.9045 before a slight bounce saw the pair just above 0.9060 into NY’s open. A… Read more

AUD/USD Europe managed to erase all the post-Oz jobs gains as traders focus more on the soft China and the underlying USD bid due to fears of a more hawkish Fed coming down the pike. Bears pushed the pair towards 0.9120 into NY’s open. NY… Read more

AUD/USD Early Europe saw bears push the pair to a new s-t trend low of 0.9113. Bids ahead of 0.9100 (likely barrier) prevented further losses & light profit taking had the pair near 0.9145 as NY got going. A small dip in early NY met… Read more

AUD/USD opened on Tuesday at 0.9283 and traded a moderate 0.9253-88 range in Asia; last at 0.9264. AUD/USD after falling 1.0% on Monday and closing in NY just off its low continued to struggle in Asia. AUD/USD saw some light exporter buying interest during the… Read more

AUD/USD The pair came under pressure in Europe’s morning and that pressure remained throughout NY. The pair sat near 0.9345 into NY’s open and was hit right out of the gate. the USD was generally firm and commodities were heavy for the most part. AUD/USD… Read more

AUD/USD Europe bought a dip from Asia’s high. Buyers emerged at s-t support near 0.9330 and they lifted the pair to have it near 0.9345 into NY’s open. NY pushed the lift further after the ECB cut rates. EUR/AUD dived from above 1.4060 to sub-1.3950… Read more