EURO/AUD Transfer

The Australian Dollar (AUD) slumped to a 9-week low early Tuesday reaching 0.5560 (1.7990) against the Euro (EUR) with volatility peaking around 2 weeks back. Sentiment continues to drive currencies with geopolitical headlines dictating play well ahead of data releases. The ECB have cut rates on 3 occasions this year and may choose to pause…

AUD/EURO Transfer

The Australian Dollar (AUD) slumped to a 9-week low early Tuesday reaching 0.5560 (1.7990) against the Euro (EUR) with volatility peaking around 2 weeks back. Sentiment continues to drive currencies with geopolitical headlines dictating play well ahead of data releases. The ECB have cut rates on 3 occasions this year and may choose to pause…

GBP/AUD Transfer

The Australian Dollar (AUD) has retreated off Friday’s 0.4855 (2.0600) level against the British Pound (GBP) stalling to 0.4760 (2.1020) Monday bouncing off key resistance before making back gains in early Tuesday to 0.4780 (2.0920). Australian PMI data showed modest growth at 51.2 up from 50.5 with manufacturing holding at 51.0 showing a positive response…

AUD/GBP Transfer

The Australian Dollar (AUD) has retreated off Friday’s 0.4855 (2.0600) level against the British Pound (GBP) stalling to 0.4760 (2.1020) Monday bouncing off key resistance before making back gains in early Tuesday to 0.4780 (2.0920). Australian PMI data showed modest growth at 51.2 up from 50.5 with manufacturing holding at 51.0 showing a positive response…

GBP/NZD Transfer

Wild swings in currencies remain the theme as geopolitical uncertainty keeps investors cautious. The British Pound (GBP) rebounded off the 0.4500 (2.2230) high Thursday to reach 0.4400 (2.2740) late last night before settling around 0.4425 (2.2600) levels. Earlier the Bank of England (BoE) kept interest rates unchanged with 6 of the 9 members choosing to…

NZD/GBP Transfer

Wild swings in currencies remain the theme as geopolitical uncertainty keeps investors cautious. The British Pound (GBP) rebounded off the 0.4500 (2.2230) high Thursday to reach 0.4400 (2.2740) late last night before settling around 0.4425 (2.2600) levels. Earlier the Bank of England (BoE) kept interest rates unchanged with 6 of the 9 members choosing to…

AUD/NZD Transfer

Prices in the New Zealand Dollar (NZD), Australian Dollar (AUD) broke support at 0.9260 (1.0800) Monday to reach a 4-week low of 0.9225 (1.0840) before resting back around 0.9260 (1.0800) levels this morning. Earlier NZ GDP rallied the kiwi on the news as first quarter numbers were higher than expected at 0.8% vs 0.7%, the…

NZD/AUD Transfer

Prices in the New Zealand Dollar (NZD), Australian Dollar (AUD) broke support at 0.9260 (1.0800) Monday to reach a 4-week low of 0.9225 (1.0840) before resting back around 0.9260 (1.0800) levels this morning. Earlier NZ GDP rallied the kiwi on the news as first quarter numbers were higher than expected at 0.8% vs 0.7%, the…

NZD/USD Transfer

The New Zealand Dollar (NZD) extended declines Monday against the US Dollar (USD) dropping off 0.5950 levels to post 0.5880 overnight. The kiwi has however come roaring back this morning as sentiment improved reaching 0.5980. As I write, Iran have retaliated against yesterday’s US strike on Iran nuclear facilities striking a US base in Qatar….

AUD/USD Transfer

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…