AUD Trading Outlook


 
16.5.2013-14.5.2013 10.5.2013-6.5.2013 2.5.2013-30.4.2013 26.4.2013-22.4.2013 16.4.2013-16.4.2013 10.4.2013-25.3.2013 21.3.2013-19.3.2013 15.3.2013-11.3.2013 7.3.2013-4.3.2013 1.3.2013-25.2.2013 22.2.2013-18.2.2013 15.2.2013-12.2.2013 8.2.2013-4.2.2013 1.2.2013-28.1.2013 25.1.2013-21.1.2013 18.1.2013-14.1.2013 11.1.2013-7.1.2013 4.1.2013-2.1.2013 27.12.2012-18.12.2012 12.12.2012-10.12.2012 7.12.2012-26.11.2012 22.11.2012-12.11.2012 9.11.2012-5.11.2012 2.11.2012-29.10.2012 26.10.2012-22.10.2012 19.10.2012-15.10.2012 12.10.2012-8.10.2012 5.10.2012-1.10.2012 28.9.2012-24.9.2012 21.9.2012-17.9.2012 14.9.2012-10.9.2012 7.9.2012-3.9.2012 31.8.2012-27.8.2012 24.8.2012-20.8.2012 17.8.2012-13.8.2012 10.8.2012-6.8.2012 3.8.2012-30.7.2012 27.7.2012-23.7.2012 20.7.2012-16.7.2012 13.7.2012-9.7.2012 6.7.2012-2.7.2012 29.6.2012-26.6.2012 22.6.2012-18.6.2012 14.6.2012-11.6.2012 8.6.2012-4.6.2012 1.6.2012-28.5.2012 25.5.2012-21.5.2012 18.5.2012-14.5.2012 11.5.2012-7.5.2012 4.5.2012-30.4.2012 27.4.2012-23.4.2012 20.4.2012-16.4.2012 13.4.2012-9.4.2012 5.4.2012-2.4.2012 30.3.2012-27.3.2012 23.3.2012-19.3.2012 16.3.2012-12.3.2012 9.3.2012-5.3.2012 2.3.2012-27.2.2012 24.2.2012-20.2.2012 17.2.2012-13.2.2012 10.2.2012-6.2.2012 3.2.2012-30.1.2012 27.1.2012-23.1.2012 20.1.2012-16.1.2012 13.1.2012-9.1.2012 6.1.2012-2.1.2012 30.12.2011-26.12.2011 23.12.2011-19.12.2011 16.12.2011-12.12.2011 9.12.2011-5.12.2011 2.12.2011-28.11.2011 24.11.2011-21.11.2011 18.11.2011-14.11.2011 11.11.2011-7.11.2011 4.11.2011-31.10.2011 28.10.2011-24.10.2011

10th August

Australian Dollar (AUD) the AUD/USD hit day highs above 1.0610 before reversing lower in the European and US session tracking the Euro and GBP. The main drag yesterday was the weaker than expected Chinese industrial output data. July Australian Jobs were strong at 14k vs. 10k forecast. Looking ahead, Chinese July Trade Balance forecast at 34bn vs. 31.7bn previously.

9th August

Australian Dollar (AUD) the AUD/USD has broken 1.0600 in Asia Trade on Thursday after better than expected July Jobs data up +14k vs. 10k forecast and the Unemployment Rate remained at 5.2%. UPDATE BOJ Hold Interest Rates at 0.1%.

8th August

Australian Dollar (AUD) the AUD/USD had an eventful day with the market hitting 1.0600 just after the RBA held rates at 3.5% yesterday in Asia but this was short lived and profit takers have taken control reversing the pair lower. Support is seen at 1.0530 and 1.0480 where we should see solid support with the Aussie enjoying the benefits of a commodity and Stock market rally. Update Japan June Current Account forecast at -19.6bn vs. -62.6bn forecast.

7th August

Australian Dollar (AUD) the AUD/USD was strong continuing to press to fresh rally highs above 1.0580 and is looking to test 1.0600 and then 1.0650 if the stock market holds. The RBA meet today but this is not expected to be a major event with economists expecting the RBA to hold at 3.5%. The statement will be closely scrutinized though for clues as the timing and direction of the next move. Looking ahead, RBA Australian Interest Rate forecast to hold at 3.5%.

6th August

Australian Dollar (AUD) the AUD/USD fell immediately after the US jobs data to 1.0500 but as US stocks surged higher we saw the risk sensitive currency move to fresh highs tracking the EUR/USD. The outlook is for more gains above 1.0600 this week if the RBA tomorrow doesn’t surprise the market. Looking ahead, RBA Australian Interest Rate on Tuesday a major risk event for the AUD/USD.


  Go to Australian Dollar (AUD) Archive