Posts Tagged ‘AUD/USD’

Random video


Traders Anticipate Fed Rate Hike

The US dollar was extending strength in the Asian trade. The yen was traded in a muted mode because of the national holiday in Japan, Vernal Equinox Day. Besides, the USD/JPY pair was not able to drop below 106.00 as traders are sitting on the sidelines of the policy meeting of the Federal Reserve. Experts say that traders are more interested to find a clue the number of interest rate increases, scheduled for 2018. In case Fed policy makers […]

JPY Gives in to USD, but AUD Resists

The political scandal in Japan set the tone for trading sentiment earlier this week, but today politics lost its impact. The US dollar perked up against the yen in the Asian trade. The USD/JPY pair is heading upward to 107.00. The yen has come under pressure as a result of a scandal over forfeited documents related to discounted sale of state owned land. The public row attracted fresh attention from market participants as Shinzo […]

Odds Against USD Recovery

The US dollar is extending its weakness across the board following the news from the White House. Gary Cohn, the head of Donald Trump's National Economic Council, stepped down late Tuesday. He decided to resign following a rift with the President who announced that tariffs on steel and aluminium imports would be introduced in the near days. The White House official said that no country would be exempt from […]

AUD Fails to Recover to Earlier Highs

The new trading day started with macroeconomic data from Australia and the central bank's policy decision. Nevertheless, traders are still taking the cautious approach. The Australia Bureau of Statistics reported that retail sales edged up 0.1% in January month on month compared to a sharp 0.5% drop in December. The fresh reading fell short of expectations for a 0.4% gain. Australia's current account deficit widened to a seasonally adjusted 14 billion Australian […]

USD Continues to Gain Grounds

Today, the US government bond yields continue growing, putting even more pressure on the stock market. The US dollar opened the Asian trading session with the bullish trend. The US dollar index is gradually approaching 90.0. Market participants are waiting for the release of the minutes of the Federal Open Market Committee meeting, as officials are expected to give hints about raising the funds rate next month. This provides strong support […]

Investorrms Still Reluctant to Buy USD

The inflation report from the US was not able to arouse interest of dollar bulls. The US dollar made a brief bounce following stronger than expected CPI data. Today, the US dollar index again sank below 89.00. Experts say that the greenback rallied for a while for a sheer speculative reason. Bulls are in no hurry to open long positions on the US dollar as they do not see a solid footing for steady […]

Traders Absorbing Data from Australia and China

Financial markets are braced for active trading since early morning as the economic calendar is loaded with reports. Australia was the first to release its statistics. Australian consumer prices rose by 0.6% in the 4th quarter at the same price as in the previous quarter. Economists had expected headline inflation to accelerate to 0.7%. Inflation surged by 1.9% from a year earlier. The fresh figure also fell short of expectations for a 2% growth. The AUD/USD pair […]

USD/JPY and AUD/USD Forecast — January 19th 2018

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the January 19th session. USD/JPY — As you can see, this pair did pull back a little bit during the day on Thursday forming a bit of a hammer. I think it is pretty straightforward. If we break above the highs, we will probably continue to grind higher. Grind is the big thing, it is really about 112.00, […]

USD/JPY and AUD/USD Forecast — January 10th 2018

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the January 10th session. USD/JPY — As you can see we have rolled over a little bit during the day, but it looks as if we are forming a bit of a symmetrical triangle with a little bit more of an upward bias. If we can break to the upside, then we go to 114.50. If we break to the downside, then […]

USD Has Good Start of Trading Week

Traders are reserved at the beginning of this week. Market participants are in no hurry to make their trading decisions. The index of the world's leading currency gains ground. Investors ignored the news about the sluggish pace of job creation in the United States. Currency strategists expect that the US dollar index will reach the level of 93 points by the opening of the New York trading session. Today, the United States will not release any […]