AustralianForex @AustralianFX

Follow for Forex & AUD trading news, analysis, strategy & market observations. Sydney • Australia Joined June 2011

Tweets

686
Followers

164
Following

45
Likes

21

AustralianForex @AustralianFX

7 years ago

@AlanKohler What would happen if every central banks interest rate went to 0?

0 0 0 0 0

View Details

AustralianForex @AustralianFX

7 years ago

@CommSec That's not a rise lads 🙄🙄🙄

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

Having broken key supports earlier in the week the AUD broke fresh lows touching 0.7044 before edging marginally higher into the close and opens this morning buying just .07051 US cents.

0 0 1 0 0

View Details

AustralianForex @AustralianFX

8 years ago

AUD downward trajectory continues as multi year lows tested below 0.71 despite broader USD weakness #ausbiz

0 0 0 0 0

View Details

From a technical perspective, the AUD/USD pair is currently trading at 0.7206. We continue to expect support to hold on moves approaching 0.7190 while now any upward push will likely meet resistance around 0.7225.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

We also saw the release of soft Chinese industrial profits data during the session. While profits grew 9.2% from a year earlier in August, that was well below the 16.2% level seen in the 12 months to July. There are no scheduled release today for Australia.

0 0 2 0 0

View Details

AustralianForex @AustralianFX

8 years ago

AUD falls on U.S. Federal Reserve’s outlook hitting a 24-hour low of 0.7204 after failing once again to sustain gains beyond the 0.7300 figure.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

There is no local data due today, however all eyes on the US Federal Reserve tonight.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

With US Consumer Confidence rising in September recording its highest level in nearly 18 years & beating expectations of a decline shows that consumers assessment of current conditions are positive which is bolstered by a strong economy and robust job growth in the US.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

In what was a quiet day of trade for markets yesterday, the AUD slipped against the USD from 0.7262 to briefly touch lows of 0.7236 before rebounding into this mornings open where the local currency is currently buying 0.7247 US cents.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

The local economic calendar is light today, in fact we have nothing due until Friday so its likely the Aussie will be driven largely by US action, and with the Fed set to deliver another interest rate rise this week the Aussie could test the low 72’s

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

Australian dollar drops amid risk-averse mood opening yesterday morning gaping lower against the Greenback at 0.7260 after having a stellar run the week prior.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

High Impact Data this week #Forex #MarketUpdate #AusBiz #UKFX #USFX #EuroFX #EconomicCalendar

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

Looking ahead, it’s a quiet week locally for macro-economic releases and therefore the Aussie will take directions from offshore events including further trade developments.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

There was no local economic data releases however Standard and Poors upgraded its outlook in Australia AAA credit rating to “stable” from negative on Friday, providing the Aussie with a further lift.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

Aussie sees its biggest weekly gain in 14-months, defying all odds the pair would tumble in an environment of escalating trade war tensions between the United States and China

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

The Aussie was also helped along by the release of an internal RBA report, outlining that the AUD Trade-weighted Index (TWI) could rise in a widespread trade war as Australia may prove to be more resilient to changing global trade flows.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

USD softened across the board after the trade tariffs were announced, supporting the Aussie in its recovery

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

AUD climbs due to softening USD. Continued its good run into Thursday, forcing its way slightly higher against its US counterpart to open this morning at 0.7260.

0 0 0 0 0

View Details

AustralianForex @AustralianFX

8 years ago

Moving into Tuesday, the Australian Dollar continues to keep a close eye on the US-China trade war while also looking forward to the @RBAInfo announcement today.