Australian Dollar (AUD)

AUDUSD seeks support The Australian dollar struggles after cautious RBA meeting minutes. The pair had failed to bounce back from the demand zone around 0.7250 which lies on the 61.8% Fibonacci retracement level of the August rally.…
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AUDUSD seeks support The Australian dollar turned south after the RBA signaled an extension of its QE program. The pair’s rapid rise above the daily resistance (0.7400) has pushed sellers to the exit. However, the RSI’s repeated…
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We can expect an important reaction in the Aussie dollar and the ASX no matter what happens at tomorrow's RBA meeting. That said, economists and analysts are pretty divided on their expectations for what the Reserve Bank will do. Without…
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EURUSD climbs as price pressure rises The euro inched higher supported by improved economic data. Inflation in August overshot to a decade high by a full percentage point above the central bank’s target. This has placed…
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USDJPY about to test resistance The Japanese yen weakened after a lower-than-expected Tokyo CPI in August. The US dollar is grinding its way back up after the mid-month correction. A double test at 109.50 suggests strong buying…
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EURUSD tumbles on hawkish Fed minutes The US dollar surged to nine-month highs after the taper talk hit the headlines once again. The Fed minutes from July's meeting hinted at a potential trim of its bond-buying program later this…
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