Australian Dollar, AUD/USD, US Dollar, Fed, Daly, RBA, KOSPI, Tudor Jones, NZD/USD – Talking Points The Australian Dollar eased as markets weighed RBA and Fed comments Fed hikes seem to have been iced for now, but conditions appear likely to remain tight If the US Dollar turns around, will AUD/USD resume its downtrend? Recommended by
AUD/USD TECHNICAL OUTLOOK AUD/USD rises for the fourth straight day, pressing against trendline resistance. Despite its recent recovery, the Aussie maintains a bearish profile. This article looks at AUD/USD’s key technical levels worth watching in the coming trading sessions. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from
Share: AUD/USD faces selling pressure above 0.6400 as IMF warned decline in global output due to Middle East tensions. The USD Index drifted lower swiftly to near 106.00 as Fed policymakers supported keeping interest rates steady. AUD/USD trades in a Rising channel in which each pullback is considered as a buying opportunity. The
US: The Fed left interest rates unchanged as expected at the last meeting. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and the Dot Plot showed that the majority of members still expects another rate hike by the end of the year with less rate cuts in 2024.
Australian Dollar, AUD/USD, BoJ, RBA, Fed, Treasury Yields, ACGB, JGB – Talking Points The Australian Dollar lost its footing going into Monday’s trading session The news of violence erupting in the Middle East has roiled markets Treasury yields and the US Dollar are stretching higher. Will that sink AUD/USD? Recommended by Daniel McCarthy How to
Share: The AUD/USD caught a much-needed bid in Friday trading after the US NFP report clobbered forecasts. The Aussie still remains buried deep in bear country after falling to fresh lows for 2023 in the early week. Market focus is set to crystallize on US inflation expectations next week. The AUD/USD etched in
Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Australian Dollar on course for worst week since mid-June Retail traders continue to build increasingly bullish exposure AUD/USD breaks under key support, more pain to come? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar is on course to drop about
AUD/USD OUTLOOK AUD/USD sinks to its lowest level since November 2022 as U.S. yields vault to fresh multi-year highs. This article looks at key technical levels worth watching in the coming days. IG client sentiment data points to further weakness for the Aussie. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and
Share: The AUD/USD is struggling to find support as the US Dollar movers higher across the broader market. The Aussie is facing multiple bearish pressures as the RBA keeps rates unchanged as markets expected. The rest of the week still sees key data points for both the Aussie and the Greenback. The AUD/USD
The AUDUSD sellers had their shot this week with a move outside of the “Red Box” that has confined the pair between 0.6356 and 0.65214 for 7 trading weeks now. The failure to break – and move lower this week – has given the buyers a go-ahead to push higher midweek. Yesterday the price returned
