On its broader, daily chart the Australian Dollar remains mired. The US Federal Reserve remains the major central bank regarded as having by far the most scope to tighten monetary policy.
more| 07 May 2018 22:56 | FX Empire |
The Australian dollar has fallen a bit during the trading session on Monday, reaching down towards the 0.75 handle. That's an area that has a certain amount of psychological importance to it obviously, but I also think that if we can make a fresh, new ...
more| 07 May 2018 21:15 | Business Insider Australia |
“That's the recent low of the AUD/USD and is just below the 0.7475/80 zone, which marks the 50% re-tracement level of the AUD's broader rally from 2016 to 2018 - a rally which saw the Aussie climb from the low-68 cent region to just above 81 US cents ...
more| 07 May 2018 16:10 | MacroBusiness (blog) |
DXY was up and EUR down overnight: AUD was soft, flirting with new lows before rebounding: It was mixed against EM: Gold is hanging in on geopolitics around Iran: Oil broke to new highs on same: That is holding base metals up for now: And big miners ...
more| 06 May 2018 09:21 | MacroBusiness (blog) |
So the strong dollar, if it continues and if it comes to pass, really could force China into a corner. That, combined with the trade tariff policies of the president, may be leading us to a more flexible exchange rate.
more| 01 May 2018 13:20 | The Australian Financial Review |
The Australian dollar fell, surrendering to a rally in the greenback as well as signs that the timing of a local interest rate hike has been pushed further into the future and a signal from the Reserve Bank that a weaker currency wouldn't necessarily ...
more| 09 Jan 2018 12:11 | Daniels Trading |
This is a sample entry from Don DeBartolo's email newsletter, Trade Spotlight: Futures, published on Monday, January 8, 2018. There is a trade opportunity based on a Trend Line breakout in the Australian Dollar futures market. The March 2018 contract ...
more| 03 Dec 2017 23:03 | The Business Times |
[SYDNEY] The Australian dollar held above a recent two-week trough on Monday, helped by a solid rally in the price of iron ore, the country's top export, and positive economic data.
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