AUD Trading Outlook Archive

Australian Dollar (AUD) the AUD/USD opened above 1.0000 but like the EUR/USD waited for the European open and when Bond yields failed to respond to the new bailout the Aussie was aggressive sold back to lower 0.9900 levels. The continuation of the selling was seen… Read more

Australian Dollar (AUD) the AUD/USD had a volatile past 24 hours trading with the large drop on Friday putting traders on the wrong side of the news over the weekend and we saw the market open up to test AUD/USD 1.0000. The outlook is mixed… Read more

Australian Dollar (AUD) the AUD/USD had a volatile trading day up to 1.0000 at the height of positive momentum after the China rate cut. The disappointing Bernanke speech and stocks losses in the Asian session Friday has seen the AUD/USD fall back to 0.9850 under… Read more

Australian Dollar (AUD) the AUD/USD was the best performing currency in the market overnight with the Q1 GDP smashing expectations at 1.3% vs. 0.5 % Q/Q and giving the Australian growth rate a 4 year high. The RBA had cut rates just the day before… Read more

Australian Dollar (AUD) the AUD/USD enjoy a sharp rally with the EUR/USD as the shorts covered and fresh risk takers took advantage of the recent heavy selling. The AUD/USD is testing 0.9750 and a break will open up 0.9840 on the topside. The RBA meet… Read more

Australian Dollar (AUD) the AUD/USD enjoy a sharp rally with the EUR/USD as the shorts covered and fresh risk takers took advantage of the recent heavy selling. The AUD/USD is testing 0.9750 and a break will open up 0.9840 on the topside. The RBA meet… Read more

Australian Dollar (AUD) the AUD/USD reacted sharply lower to 0.9580 after the NFP before bouncing with the AUD/JPY back to 0.9700 where resistance was found to be solid. The Outlook is for more losses with the RBA rates tomorrow likely to cut and the slowdown… Read more

Australian Dollar (AUD) the AUD/USD managed a small relief rally throughout Europe up off year lows at 0.9770 to 0.9870 into the US session. The lack of follow through and the denial of IMF Spanish help send the AUD/USD back towards 0.9700. The stock market… Read more

Australian Dollar (AUD) weak retail sales in April yesterday set the ball rolling and we saw large losses under 0.9800 to test 0.9700 by the end of the US session. Year lows are right under 0.9700 and support is seen at 0.9660 and then 0.9500…. Read more

Australian Dollar (AUD) the AUD/USD is back under 0.9800 as weak data hurts the already damaged technical and sentiment picture. The AUD/USD is under pressure under Y77. UPDATE April Australian Retail Sales falls -0.2% vs. 0.2% forecast.