Tag Archives: Aussie

Today’s Trading Edge: AUD/USD – Aussie plunge tentatively finds support

The AUD/USD daily chart displays a potential pause in the strong bearish plunge that has been in place since mid-November.  Since the near 250 pip rally that both ended on November 17th and respected the 50-day Simple Moving Average (SMA) price, has steadily made new multi-year lows.   Major downside moves are nothing new to

Aussie Dollar Gains as Rate Cut Bets Find No Support in RBA Minutes

DailyFX.com – Talking Points: December’s RBA Meeting Minutes Argue for a Period of RatesStability Australian Dollar Brifly Rallied After the Minutes Document was Released Rally Proves Short-Lived as Markets Continue to Bet on RBA Rate Cuts The Australian Dollar briefly rose following the release of minutes from December’s RBA policy meeting. The document showed that

Aussie Dollar Rose as RBA Meeting Minutes Weighed on Rate Cut Bets

DailyFX.com – Talking Points: November RBA Meeting Minutes Argue for Period of Rate Stability Australian Dollar Edges Higher After Minutes Document is Released Aussie Gains May Be Linked to Diminished RBA Rate Cut Probability The Australian Dollarclimbed in the aftermath of the release of minutes from November’s RBA policy meeting. The document showed the central

Aussie, NZ Dollars Rise But Yuan Ignores Soft China Inflation Data

DailyFX.com – Want to trade with proprietary strategies developed by FXCM? CLICK HEREto find out how! Talking Points: China CPI for September 1.6% y/y vs. 1.7% y/y expected; 2.0% y/yprior China PPI for September -1.8% y/y vs. -1.6% y/y expected; -1.2% y/yprior Australian, New Zealand Dollars Rise But Yuan Ignores Soft Inflation Data China’s Offshore

More Aussie weakness

We talked about the weakness in the Aussie overnight in the wake of the latest labour market numbers. This has continued during the European session, even though other currencies have managed to gain some ground vs. the dollar. The Aussie is now at levels last seen late March, with a brief push below the 0.91

Today’s Trading Edge: AUD/USD – U.S. Treasury Yields Keep Fueling Aussie Slide

AUD/USD continued its losing streak for a third consecutive day as investors continue to rush to buy U.S. dollars and as U.S. Treasury yields continue, with the 10-year yield breaking out above 2.50% after trading as low as 2.30% at the end of last month.   The recent surge in yields is being triggered by traders

Australian Dollar Flat Despite Upbeat Aussie GDP, Chinese PMI Data

DailyFX.com – Talking Points: Australia’s 2Q GDP+3.1% Y/Y vs. +3.0% Expected,+3.4% in the Prior Quarter HBSC Chinese Composite PMI Rose to 52.8 in August from 51.6 Recorded in July Aussie Dollar Little-Changed as GDP, PMI Data Fails to Nudge RBA Policy Bets The Australian Dollar was little-changed against its US namesake after the Australian Bureau

A note on Chinese real estate concerns – Aussie seems the play on the FX side

Click here to view the PDF Version26 Aug 2014Quotable“If you try to change it, you will ruin it. Try to hold it, and you will lose it.”― Lao Tzu, Tao Te ChingCommentary & AnalysisA note on Chinese real estate concerns – Aussie seems the play on the FX sideAs you probably know, real estate prices

Aussie Dollar, Chinese Yuan Slip on Disappointing Chinese PMI Report

DailyFX.com – Talking Points: HBSC China Manufacturing PMI 50.3 for August vs. 51.5 Expected, 51.7 in July China’s Manufacturing Sector Recorded the Slowest Expansion in Three Months Aussie Dollar and Chinese Yuan Fall After Soft PMI Data Disappointed Investors The Chinese Yuan fell after HBSC reported its preliminary Chinese Manufacturing PMI figure for August. The

Yuan, Aussie Dollar Rise as HSBC Reports Strong Chinese PMI Figures

DailyFX.com – Talking Points: HSBC China Manufacturing PMI for July Comes in at 52.0 vs. 51.0 Expected, 50.7 Prior China’s Factory Sector Grew for 2nd Consecutive Month After a Soft First Half of 2014 The Chinese Yuan (CNH) And The Australian Dollar Rose After the PMI Data Release The Chinese Yuan and the Australian Dollar