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The Australian Dollar (AUD) reversed last week’s slump to 0.6450 rising to 0.6550 in early morning trade against the US Dollar (USD) buoyed by risk sentiment. Reports indicate Iran has signalled a willing to negotiate with the US prompting optimism of a potential de-escalation in the war between Iran and Israel. Helping the AUD has…
Price Monday reversed off 0.5210 (1.9200) jumping to 0.5245 (1.9070) as risk markets improved. The Euro (EUR), New Zealand Dollar (NZD) cross reaching the bottom of the recent late April range before bouncing back in black. The European Central Bank (ECB) is pausing its easing policy (rate cutting) in order to digest incoming and ongoing…
Price Monday reversed off 0.5210 (1.9200) jumping to 0.5245 (1.9070) as risk markets improved. The Euro (EUR), New Zealand Dollar (NZD) cross reaching the bottom of the recent late April range before bouncing back in black. The European Central Bank (ECB) is pausing its easing policy (rate cutting) in order to digest incoming and ongoing…
The Australian Dollar (AUD) has staged a recovery of sorts Monday after dropping in value over 2.0% last week against the Euro (EUR). Prices into Tuesday extended to 0.5650 (1.7700) as tensions in the Middle East look to have improved. A daily close through 0.5650 (1.7700) channel resistance could push the cross to retest 0.5715…
The Australian Dollar (AUD) has staged a recovery of sorts Monday after dropping in value over 2.0% last week against the Euro (EUR). Prices into Tuesday extended to 0.5650 (1.7700) as tensions in the Middle East look to have improved. A daily close through 0.5650 (1.7700) channel resistance could push the cross to retest 0.5715…
The Australian Dollar (AUD) has extended last week’s moves off 0.4760 (2.1000) to reach 0.4815 (2.0770) this morning against the British Pound (GBP) as risk sentiment improves across the board. It’s a busy week of data announcements in the pair with UK CPI y/y Wed, Aussie employment data and the Bank of England (BoE) Cash…
The Australian Dollar (AUD) has extended last week’s moves off 0.4760 (2.1000) to reach 0.4815 (2.0770) this morning against the British Pound (GBP) as risk sentiment improves across the board. It’s a busy week of data announcements in the pair with UK CPI y/y Wed, Aussie employment data and the Bank of England (BoE) Cash…
The British Pound (GBP) wasn’t able to hold the weekly close at 0.4430 (2.2560),dropping back Monday against the Australian Dollar (AUD) to 0.4470 (2.2370) this morning as risk markets improved. UK CPI y/y Wednesday should come in at 3.3% vs 3.5% in April with expectations the Bank of England (BoE) will leave their cash rate…
The British Pound (GBP) wasn’t able to hold the weekly close at 0.4430 (2.2560),dropping back Monday against the Australian Dollar (AUD) to 0.4470 (2.2370) this morning as risk markets improved. UK CPI y/y Wednesday should come in at 3.3% vs 3.5% in April with expectations the Bank of England (BoE) will leave their cash rate…
The New Zealand Dollar (NZD), Australian Dollar (AUD) cross continues to trade in the ‘no man’s land” operating in the range between 0.9260 (1.0800) and 0.9300 (1.0750) not shifting outside of this channel block since early this month. Great for consistency buying AUD albeit a little boring. NZ GDP q/q Thursday morning followed by Aussie…