FX Trading News & Strategies from Australian Stock Report
Amid stronger equity markets the Aussie dollar put in a mixed performance overnight, with the AUDUSD putting on 0.4% to settle at 1.0392 at this morning’s NY close, whilst the AUDJPY shed 0.1% to settle at 84.13. The euro fell, extending a monthly loss against the US dollar and Japanese yen, after S&P cut Spain’s [...]
Amid stronger international equities and commodities the Aussie dollar put in a mixed performance on Friday night. The AUDUSD shed 0.2% to settle at 1.0358 at Friday morning’s NY close, whilst the AUDJPY put on 0.2% to settle at 85.76. Over the weekend, a stronger reading for a Chinese manufacturing gauge failed to end predictions [...]
Demand for the Australian dollar remained strong over the last 24-hours, amid an extended rally in global equity and commodity market. The local unit has remained strong during today’s Asian trading session and is headed for its first weekly gain against the US dollar (AUDUSD) in a month. The New Zealand dollar, like the Aussie, [...]
The Australian dollar gained considerable ground against the US dollar (AUDUSD) over the past 24-hours, following four consecutive losing sessions. Further positive developments in the eurozone last night saw equity markets surge and commodities bounce back from recent lows, supporting demand for our commodity based AUD. The local unit has remained strong during today’s Asian [...]
Australian Dollar Trading News: November 9
The Aussie dollar remained fairly subdued over the last 24-hours, hovering in the US$1.03-1.04 region. The AUDUSD remained fairly well supported following reports that Italian Prime Minister Silvio Berlusconi has agreed to resign, which encouraged demand for higher yielding assets such as the Aussie, Kiwi and Canadian dollars. Today the Aussie has pulled back a [...]