Australian Dollar, AUD/USD, US Dollar, China, PBOC, Japan, Commodities – Talking Points The Australian Dollar bounced despite data that would normally undermine it China’s economy will every bit of the rate cut from the PBOC today as its woes continue If the USD resumes its ascension, where will that leave USD/JPY and AUD/USD? Recommended by
Australian Dollar, AUD/USD, US Dollar, Treasuries, ACGB, RBA, Wages, Jobs – Talking Points The Australian Dollar is threatening to make new lows today Treasury yields have been supportive of the US Dollar AUD is trading at the foot of the range. Will AUD/USD find support? Trade Smarter – Sign up for the DailyFX Newsletter Receive
Share: Australian Dollar weakens on fears of a credit crunch in the Chinese property sector. Hawkish commentary from the Governor of the RBA, Philip Lowe, temporarily staunches the bleeding. US factory gate inflation comes out higher than expected, however, supporting the US Dollar. The Australian Dollar (AUD) trades lower against the US Dollar
Australian Dollar, AUD/USD, US Dollar, China, CPI, PPI, Crude Oil, Gold – Talking Points Australian Dollar narrowly gained support today in anaemic market conditions China’s CPI and PPI missed estimates and it raises the spectre of Government action If a new low is not seen in AUD/USD on this dip, how much longer will the
Share: Australian Dollar returns to its bearish course after China releases below-expectations trade figures for July. The data suggests Chinese demand for Australian raw materials will lessen. The US Dollar rises on increased safe-haven buying following the poor data. The Australian Dollar (AUD) dives to new monthly lows against the US Dollar (USD)
Share: Australian Dollar rallies versus the US Dollar on Friday after Nonfarm Payrolls misses expectations. The Aussie had already been recovering after markets adopted a risk-on mode reflected in rising Asian stock indices. AUD/USD found a floor at 0.6514 on Thursday and then recovered on the back of upbeat Australian trade data and
Share: Australian Dollar falls to a temporary support level against the US Dollar on Thursday. The Aussie is relieved by upbeat Australian trade balance data and Chinese services sector PMIs. The general market mood remains depressed, however, broadly favoring the USD over the AUD. The Australian Dollar (AUD) finds temporary support against the US
Australian Dollar Vs US Dollar, Canadian Dollar, Singapore Dollar – Price Setups: A double top risk in AUD/USD as risk appetite scales back for now. AUD/SGD threatens to break below a bearish triangle. AUD/CAD drifts lower within a downtrend channel? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast A scaling back in
The latest from the Australian Industry Group is dour reading. Link here for more, but in summary: Key findings The Ai Group Australian Industry Index indicated contracting conditions in June, for the fifteen months since the start of the current interest rate rising cycle. The Australian PMI indicator fell to -25.6, indicating contractionary conditions in
Australian Dollar, AUD/USD, RBA, CPI, Fed – Talking Points The Australian Dollar slipped after the RBA left rates unchanged at 4.10% Keeping rates unchanged was mostly expected but caught some by surprise Quarterly CPI was cited by the RBA as they look at the data points ahead. Recommended by Daniel McCarthy How to Trade FX
