FX Trading News & Strategies from Australian Stock Report
Friday night’s action saw risk currencies lose ground, as equities and commodities put in a mixed performance. The Aussie dollar slipped lower, with the AUDUSD giving up 0.6% to settle at 1.0031 at this morning’s NY close, and the AUDJPY letting go of 0.6% to settle 80.17. During today’s Asian session the Aussie [...]
As equity markets steadied overnight, so too did risk currencies and the euro. The Aussie dollar posted gains, with the AUDUSD adding 0.3% to settle at 1.0090 at this morning’s NY close, whilst the AUDJPY added 0.7% to settle at 80.67. The Canadian loonie traded at almost parity with its US counterpart before a government [...]
After the global retreat from risk in the previous session, international markets steadied overnight. Equity markets held their ground, as did risk currencies. The Aussie firmed slightly, with the AUDUSD adding 0.2% to settle at 1.0202 at Saturday morning’s NY close, whilst the AUDJPY gained 0.3% to settle at 81.53. During today’s Asian session the [...]
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 [...]
Amid stronger equity markets and mild risk-on sentiment, the Aussie dollar pushed higher overnight. The Aussie reached a one-week high against the greenback ahead of the ECB beginning its longer-term refinancing operation tonight to help shore up the region’s banks. The AUDUSD added 0.2% to settle at 1.0771 at this morning’s NY close, whilst the [...]
It was a funny old night for markets last evening, with weakness in Europe and early in the US session suddenly reversed following the release of better-than-expected US housing data. Currency markets experienced an equally volatile ride, as traders switched out of safe havens and back into risk currencies at breakneck speed. When it [...]
Risk appetites waned overnight despite the Greek debt deal finally getting over the line. It seemed to be another case of ‘buy the rumour, sell the fact’, with traders booking profits after the recent run up in risk assets. The Aussie dollar was not spared, slipping against both the greenback and the yen. [...]
The bias for the AUDJPY is bullish despite the pullback over the last 24-hours. The shorter-term EMAs remain crossed higher and diverging, and the price action is above the longer-term EMA filter, which is positive. The next significant target above is noted at 90.00, which is the high from last April. Nearer [...]
The Aussie dollar put in a mixed performance on Friday night, losing ground against the greenback but advancing strongly against the yen. The local unit rallied 1.2% against its Japanese counterpart to settle at 85.20 at Saturday morning’s NY close but slipped 0.3% against the US dollar to finish at 1.0717. During today’s Asian session [...]