Australian Dollar Eyes Chinese Economic Data, Will AUD/USD React
Australian Dollar is in focus with Chinese economic data on tap to kick off APAC trading. Japan’s Q3 GDP crossed the wires at -3.0% q/q, missing analysts’ expectations of -0.7%. AUD/USD looks to move higher after a Bullish Engulfing candlestick pattern forms
Australian Dollar Battered Amid Market Turmoil Faces RBA and GDP
The Australian Dollar has got two huge economic data points on the schedule this week, but they may have to stray far from expectations to loosen overall risk appetites grip.
Australian Dollar Bears Rule But May Not Turn Up Heat This Week
The Australian Dollar remains close to notable lows against its US counterpart and the market is still betting on aggressive rate cuts from the RBA
Australian Dollar Outlook Grim on Yield Curve as Jobs Data Looms
The Australian Dollar outlook is grim on rising fears of a US recession, yield curve inversion. AUD/USD may shrug off rosy jobs data ahead on fears of slowing global growth.
AUD/USD, AUD/JPY May See 2009 Lows if China Retaliates US Tariffs
The AUD/USD, AUD/JPY may reach 2009 lows as US President Donald Trump gave the green light for more tariffs against China. Retaliation may sink the Australian Dollar as the Yen gains.
AUD/USD Downtrend at Support Before RBA Speech, Tesla Shares Sink
Risk aversion may be ahead after Tesla earnings disappointed, North Korea reportedly launched two projectiles. The AUD/USD downtrend eyes RBA Governor speech for rate cut signals.
Weekly Trading Forecasts: EURUSD Top Fundamental Candidate on Fed Speculation, ECB Decision Approaches
We may find the top scheduled event risk next week displaced for market moving potential by an increasingly volatile theme. Key event risk ahead includes Fridays US 2Q GDP update and the global PMIs for July which would seem to put the focus on growth and recession concerns. Yet, the
Australian Dollar Gains Should Hold As Markets Still Think Fed Will Cut
The Australian Dollar has shared fully in the broad US Dollar weakness seen as markets become more certain that US rates are going lower.
AUDUSD Post-Fed Rally May Be Shot Down by RBA as Japanese Yen Sinks
The AUDUSD post-Fed rally could be shot down by RBA Governor Philip Lowe who may underscore rate cut bets. Meanwhile, the anti-risk Japanese Yen may sink as the Nikkei 225 rallies.
NZDUSD, AUDUSD Tumble to Support. RBNZ, RBA Rate Cut Bets Deepen
The NZDUSD and AUDUSD are tumbling to support as increasingly dovish RBNZ and RBA monetary policy bets are undermining their appeal, boosting the Japanese Yen as carry trades unwind.
AUDUSD, AUDJPY & AUDCAD Eye Aussie GDP Post RBA Cut
The Australian Dollar remains in focus in the wake of the RBA's rate cut with AUDUSD, AUDJPY and AUDCAD price action turning to Wednesday's Aussie GDP report.
USD Soft on Rising Fed Rate Cut Bets, AUDUSD Eyes RBA Rate Cut - US Market Open
USD Soft on Rising Fed Rate Cut Bets, AUDUSD Eyes RBA Rate Cut - US Market Open
AUDUSD Rate at Risk Ahead of Aussie Jobs Data, RBA Cut Bets
AUDUSD price action hinges on upcoming employment data out of Australia as the report is anticipated to dictate whether or not the RBA will slash its policy interest rate at upcoming meetings.
Weekly Trading Forecast: Risk Appetite Overcomes Growth Concerns
Speculative appetite – also called ‘animal spirits’ – is holding effective control over the capital markets. Despite regular warnings over the health of the global economy and infighting that suggests there is little capacity or will to fight future fires, the markets continue their advance in pursuit of capital gains.
AUDUSD, GBPUSD, EURUSD Rise as USD Suffers from Risk On Sentiment - US Market Open
AUDUSD, GBPUSD, EURUSD Rise as USD Suffers from Risk On Sentiment - US Market Open
Australian Dollar Tumbles After Dovish RBA Despite Unchanged Rate Cut Bets
Dovish language from the Reserve Bank of Australia sent spot AUDUSD prices plunging to their lowest level since March 14, but OIS probabilities for future rate cuts remain largely unchanged.
Currency Volatility: RBA Could Jolt AUDUSD Price Action
AUDUSD overnight implied volatility jumps to 1-month highs ahead of the Reserve Bank of Australia's interest rate decision expected early in Tuesday's session.
AUDUSD Weakness on RBA Decision Could Bolster ASX 200
The ASX 200 will look to a rate decision from the Reserve Bank of Australia for price action cues. Dovish leanings in a nearby economy could suggest the RBA will follow suit.
AUD/USD Edges Lower on Soft Chinese Industrial Production Data
The Australian Dollar slipped following the release of Chinese industrial production. Will continued slower growth in China prompt the RBA to cut rates, sending AUD/USD
Australian Dollar Wilts As NAB Business Confidence Falls Short
The Australian Dollar slid as a key measure of business sentiment registered its weakest level since the start of 2016, adding to peristent disappointments in
