Australian Dollar, AUD/USD, RBA, Lowe, Bullock, AU GDP, ASEAN, Range Trade – Talking Points The Australian Dollar bounced off some trend lines last week The RBA appears certain to be on hold tomorrow as the guard prepares to change GDP data and China relationships may provide some impetus. Higher AUD/USD? Recommended by Daniel McCarthy How
Recommended by Daniel Dubrovsky How to Trade Gold The US Dollar broadly underperformed against its major counterparts this past week, with gold prices seeing a strong rally. A root cause of this was somewhat disappointing economic data from the world’s largest economy. That contributed to financial markets increasingly pricing in a less dovish Federal Reserve
Share: AUD/USD retreated below the 20-day SMA towards 0.6450. The August NFP report from the US sent mixed signals from the US labour market. The Greenback benefited from higher-than-expected ISM PMIs. In Friday’s session, the USD initially dropped and found support at the 20-day Simple Moving Average (SMA) of 103.30 but then managed
Australian Dollar Vs US Dollar, China PMI – Talking Points: AUD rose after China manufacturing activity beat expectations. AUD/USD is attempting to break above key resistance. What are the key levels to watch in AUD/USD? Recommended by Manish Jaradi Improve your trading with IG Client Sentiment Data The Australian dollar rose briefly against the US
Australian Dollar Vs US Dollar, Australia Monthly CPI – Talking Points: AUD fell after Australia monthly CPI eased more than expected. AUD/USD has pulled back from key resistance. What’s next for AUD/USD and AUD/JPY? Recommended by Manish Jaradi Improve your trading with IG Client Sentiment Data The Australian dollar fell after consumer price inflation moderated
Australian Dollar Vs US Dollar, New Zealand Dollar, Japanese Yen – Price Setups: Tentative signs of stabilization in AUD/USD’s recent slide. AUD/NZD has rebounded from key support; AUD/JPY is flirting with key resistance. What is the outlook for key AUD crosses? Recommended by Manish Jaradi Trading Forex News: The Strategy The Australian dollar is looking
Share: AUD/USD trades higher around 0.6440 on the back of improved Australia’s Retail Sales. 10-year US bond yield declined to 4.18%; Greenback experiences losses. The stability of China’s economy could underpin the Aussie pair. AUD/USD continues its winning streak for the second consecutive day, trading around 0.6440 during the Asian session on Tuesday. The US
Australian Dollar, AUD/USD, China, HSI, CSI 300, BoJ, Ueda, USD/JPY, Euro – Talking Points The Australian Dollar nudged north on Monday on improving risk appetite China cut the cost of transacting on stocks but then put the brakes on its IPO market With Jackson Hole out of the way, markets might look to the data
US Dollar Vs Euro, British Pound, Australian Dollar – Outlook: The DXY Index (USD index) is testing key resistance after Powell warned of more tightening. Broader picture of USD rally fatigue remains intact ahead of key US data this week. What is the outlook and the key levels to watch for EUR/USD, GBP/USD, and AUD/USD?
Share: AUD/USD fell more than 0.50%, to a daily low near 0.6380. Jerome Powell opened the door to another hike in this tightening cycle. Rising US yields make the USD gain interest. At the end of the week, the USD gained ground against its rivals, mainly driven by the Federal Reserve’s (Fed) chairman, Jerome
