<6 h

AUD Faces A Potential “Breakout” On US Heavy Event Risk Daily FX 5h 42m
The Aussie may remain under pressure over the coming week as elevated volatility caps carry demand, while US-centric event risk offers potential &ldquo;breakout&rdquo; catalysts.

<24 h

USD/JPY, EUR/JPY, AUD/JPY Flows: steady start in N.American stocks keeps spot and cross JPY buoyed FXstreet.com News 14h 38m
Published at 13:50 (GMT) 24 Oct In the early stages of cash trading in US equities, we see the leading indices in positive territory, though modestly so, but looks enough to keep USD/JPY and more so the crosses at better levels. USD/JPY has returned to 108.00+, but it is EURJPY and AUD/JPY leading the way, with 137.00 and 95.00 levels respectively breached. A little more upside left in AUD/JPY bef…
Forex Weekly Outlook October 27-31 FXstreet.com News 15h 13m
Currencies were mixed in the past week, with the greenback gaining against the euro and the yen, while sliding against the the Aussie and the loonie. The Fed decision is the highlight of the week, alongside Yellen’s speech, GDP in the US and Canada and two additional rate decision. These are a few of the events on our calendar for this week. Follow along as we explore the Forex market movers. US d…
AUDJPY- Finish? FXstreet.com News 16h 58m
$AUDJPY- Finish? Currently we are at 94.48 At the R4 which may be the top. We are looking for a continuation to the Trend @ 95.26 and then a move lower. The average daily true range (ATR) for the pair currently is 113 pips.
 
EUR/GBP moved lower during the European morning FXstreet.com News 18h 22m
EUR/GBP The dollar traded mixed against its G10 peers during the European morning Friday. It was higher against JPY, while it was lower against AUD, GBP and NZD, in that order. UK GDP rose 0.7% qoq in Q3, weaker than the +0.9% qoq expansion in Q2, according to today’s first estimate. The slowing in the pace of growth raise concerns that the recovery is losing steam and may push market expectations…
AUD/USD – Listless as Markets Await US Housing Data FXstreet.com News 18h 41m
It’s been an uneventful week for AUD/USD, and this trend continues on Friday, as the pair trades in the mid-0.87-range in the North American session. In economic news, the sole US release on the schedule is New Home Sales. The markets are expecting the indicator to soften this month, with an estimate of 473 thousand. There are no Australian releases on Friday. In the US, jobless claims were softer…
AUDUSD: 0.8815-0.8830 on the upside, 0.8705- 0.8720 on the downside FXstreet.com News 18h 55m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT): EURUSD: 1.2715 -1.2840 on the upside, 1.2535-1.2550 on the downside. AUDUSD: 0.8815-0.8830 on the upside, 0.8705- 0.8720 on the downside. USDJPY: 109.00-109.15 on the upside, 106.05-106.20 on the downside. GBPUSD: 1.6135-1.6150 on the upside, 1.5915-1.5930 on the downside. US…
 
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold FXstreet.com News 20h 54m
Analysis for October 24th, 2014 EUR USD, “Euro vs US Dollar” Euro is moving inside a descending structure near its minimums. We think, today the price may consolidate and then form a reversal pattern. The market is expected to start another ascending wave with the target at level of 1.2928. GBP USD, “Great Britain Pound vs US Dollar” Pound is still moving close to the minimums of its descending st…
Pound to Fall on Ebbing BOE Rate Hike Bets if 3Q UK GDP Underperforms FXstreet.com News 22h 10m
The British Pound is likely to decline if a soft set of third-quarter UK GDP figures erodes Bank of England interest rate hike expectations. Talking Points: Pound to Fall on Ebbing BOE Rate Hike Outlook if 3Q GDP Underperforms Yen Rose and Aussie Dollar Fell in Asia, Mirroring Slide in S&amp;P 500 Futures Place Economic Releases Directly on Your Charts with the DailyFX News App Third-quarter UK GD…
The euro trade stable at $1.2650 level against the U.S FXstreet.com News 22h 21m
Good Morning, - The euro trade stable at $1.2650 level against the U.S. dollar, after dipping to a two-week low of $1.2614 yesterday. - U.S. stock futures tumbled while safe-haven assets such as the yen and U.S. bonds gained on Friday after a doctor who returned to New York City from West Africa tested positive for Ebola. Japan's Nikkei 1.01%, Hong Kong's Hang Seng -0.38% (07:16 GMT), Korea's Kosp…
 
GBP/AUD: Forming Significant Support DailyForex - Technical Analysis 23h 0m
The GBP/AUD pair fell initially during the course of the day on Thursday, but for the second day in a row ended up bouncing enough to form a nice-looking hammer. The hammer is sitting at the 1.83 level, which of course is a supportive level.

>24 h

AUD/USD: Short at .8745 for .8544, stop at .8817 FXstreet.com News1d 0h 34m
Majors EUR/USD: SHORT AT 1.2700 FOR 1.2501; REVISED STOP AT 1.2683 USD/JPY: LONG AT 107.30 FOR 108.74; REVISED STOP AT 107.35 GBP/USD: SELL AT 1.6072 FOR 1.5940 OBJECTIVE, STOP AT 1.6135 USD/CHF: LONG AT .9518 FOR .9625 OBJECTIVE, STOP .9471 AUD/USD : SHORT AT .8745 FOR .8544, STOP AT .8817 USD/CAD: BUY AT 1.1160 FOR 1.1418 STOP AT 1.1081 Crosses EUR/JPY: POSS BUY FOR 137.45 EUR/GBP: SHORT AT .792…
EURGBP: 0.7940-0.7955 on the upside, 0.7675-0.7690 on the downside FXstreet.com News1d 0h 34m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT): EURUSD: 1.2740 -1.2755 on the upside, 1.2535-1.2550 on the downside. AUDUSD: 0.8800-0.8815 on the upside, 0.8675-0.8690 on the downside. USDJPY: 108.65-108.80 on the upside, 105.90-106.05 on the downside. GBPUSD: 1.6170-1.6185 on the upside, 1.5955-1.5970 on the downside. USD…
USD/JPY Near 108 on New York Ebola Case FXstreet.com News1d 0h 39m
The yen rose for the first time in seven days against the dollar after a New York City doctor tested positive for Ebola, boosting demand for haven assets. Japan’s currency strengthened at least 0.2 percent versus all of its 16 major counterparts as the diagnosis is the first of the deadly disease to be made in the most populous U.S. city. Treasuries advanced, while futures on the Standard &amp; Po…
 
A$ Stuck in a rut, which bulls will gladly take (for now) FXstreet.com News1d 0h 49m
The Australian Dollar’s decline has been thrown a lifeline by nervous Greenback bulls. For now, the bulls can breathe a sigh of relief, but the downside looms. Greenback is in the driving seat: As long as the USD Index continues to correct from the 4-year highs then I expect to see A$ stuck within the 0.864-89c range. The choppy sideways trading between these levels has become predictably predicta…
AUD's brief sell-off; China's new home sales fall for another month FXstreet.com News1d 1h 30m
It’s been an interesting day in Asia, despite the lack of market moving economic data. The Australian dollar was hit by a wave of sellers midway through the session as AUDUSD took out some stops below 0.8750. The move lower in the commodity currency looked largely technical but it may have also been reacting to reports of another Ebola case in the US. Later in the session, China released its prope…
Greenback rally extends into 3rd consecutive day FXstreet.com News1d 4h 34m
Australian Dollar: The Australian dollar opens marginally lower this morning as U.S. dollar strength continues on the back stronger economic activity and a reduction in overall unemployment claims. The Aussie found support in stronger than anticipated Chinese manufacturing data bouncing to intraday highs of 0.8799 before retreating to close Thursday at 0.8758. With the local economic docket free o…
Greenback rally extends into 3rd consecutive day FXstreet.com News1d 7h 54m
Australian Dollar: The Australian dollar opens marginally lower this morning as U.S. dollar strength continues on the back stronger economic activity and a reduction in overall unemployment claims. The Aussie found support in stronger than anticipated Chinese manufacturing data bouncing to intraday highs of 0.8799 before retreating to close Thursday at 0.8758. With the local economic docket free o…
 
Australian Equities Up as Index Clings to 5400 FXstreet.com News1d 4h 46m
Australian stocks rose with Japanese index futures after better-than-estimated company earnings and signs of global economic strength fueled U.S. equity gains. The yen held losses while crude oil retreated. The S&amp;P/ASX 200 Index added 0.5 percent by 10:24 a.m. in Sydney, set for its biggest weekly gain since February. The NZX 50 Index climbed 0.7 percent in Wellington, while Nikkei 225 Stock A…
AUDJPY – has it got the legs? FXstreet.com News1d 4h 46m
AUDJPY is in the process of retracing some of the ground it lost in September and early October. The demise of the pair came from pressure from both sides of the equation. The yen became the currency of choice as investors began to question the USD strength story and global growth fears were brought to the forefront of market sentiment. In Australia, the notion of prolonged below –trend growth due…
AUD/USD – Continues to Tread Water Below Resistance at 0.88 FXstreet.com News1d 5h 43m
During the last few weeks the Australian dollar has done well to stop the bleeding and trade within a wide range roughly between 0.8650 and 0.88. Prior to that it had experienced a sharp decline throughout September which saw it move from close to 0.94 down to below 0.8650 and an eight month low in the process. Despite the current resistance at 0.88, it was able to move through to a two week high …
 
USD/NOK moved lower following Norway's central bank FXstreet.com News1d 17h 3m
USD/NOK The dollar traded mixed against its G10 counterparts during the European morning Thursday. It was higher against GBP and JPY, in that order, while it remained lower against NOK, SEK, AUD, CHF and EUR. The greenback was stable vs NZD and CAD. EUR/USD moved higher as the bloc’s preliminary PMIs for October managed to remain above the neutral level for the 16th consecutive time. Eurozone’s pr…
AUD/USD – Remains Steady Below Resistance at 0.88 FXstreet.com News1d 19h 11m
During the last few weeks the Australian dollar has done well to stop the bleeding and trade within a wide range roughly between 0.8650 and 0.88. Prior to that it had experienced a sharp decline throughout September which saw it move from close to 0.94 down to below 0.8650 and an eight month low in the process. Despite the current resistance at 0.88, it was able to move through to a two week high …
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold FXstreet.com News1d 21h 8m
Analysis for October 23rd, 2014 EUR USD, “Euro vs US Dollar” Euro is still falling; the pair has broken consolidation channel downwards. We think, today the price may move downwards to reach level of 1.2623. Later, in our opinion, the market may consolidate and then form a reversal pattern for a new ascending wave to break the top of the first ascending impulse. GBP USD, “Great Britain Pound vs US…
 
GBP/USD 4H Chart: Channel Down FXstreet.com News1d 21h 31m
EUR/AUD 4H Chart: Channel Up Comment: Several days after a test of the tough support at 1.38 and a subsequent strong rally, the rate of Euro’s appreciation moderated, which allowed EUR/AUD to form a gently sloping channel between two reliable trend-lines. Being that the currency pair right now is at the lower boundary of the channel, the outlook is positive both in the short and long terms. The bu…
Nomura on EUR/USD: Back in early September FXstreet.com News1d 22h 17m
Good Morning, - The euro dipped to $1.2613, its lowest level in more than two weeks as rumors talks for many European banks may fail stress tests. - Asian shares: Japan's Nikkei -0.37%, Hong Kong's Hang Seng -0.60% (07:15 GMT), Korea's Kospi -0.27%, Australia's ASX 200 -0.06% and China's Shanghai -1.04%. - Some European banks may fail stress tests by the ECB, the outcome of which is due on Sunday.…
A growing wall of worry FXstreet.com News1d 22h 26m
There has been a common theme in the past few weeks in relation to central banks becoming more concerned with the global growth outlook and the Eurozone in particular. This was evident in the minutes to the UK MPC meeting released yesterday, together with RBA minutes earlier in the week and also the FOMC minutes earlier this month. The more worrying aspect is the limited ability of central bankers…
 
Intraday Outlooks For EUR/USD, USD/JPY, AUD/NZD, USD/CAD - SEB FXstreet.com News1d 22h 32m
The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/NZD, and USD/CAD as provided by the technical strategy team at SEB Group. EUR/USD: Eyeing the 1.2605 key support. The fallout from what seems to be a bear flag has put the 1.2605 key support up for grabs. A break will confirm an end to the three week long correction and call for a new trend low to be traced out, probably in the 1.22…
EURUSD: 1.2780 -1.2795 on the upside, 1.2505-1.2520 on the downside. FXstreet.com News1d 23h 1m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT): EURUSD: 1.2780 -1.2795 on the upside, 1.2505-1.2520 on the downside. AUDUSD: 0.8820-0.8835 on the upside, 0.8690-0.8705 on the downside. USDJPY: 107.95-108.10 on the upside, 106.00-106.15 on the downside. GBPUSD: 1.6240-1.6255 on the upside, 1.5975-1.5990 on the downside. USD…
GBPUSD: 1.6240-1.6255 on the upside, 1.5975-1.5990 on the downside FXstreet.com News1d 23h 21m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT): EURUSD: 1.2780 -1.2795 on the upside, 1.2505-1.2520 on the downside. AUDUSD: 0.8820-0.8835 on the upside, 0.8690-0.8705 on the downside. USDJPY: 107.95-108.10 on the upside, 106.00-106.15 on the downside. GBPUSD: 1.6240-1.6255 on the upside, 1.5975-1.5990 on the downside. USD…
 
USD/CHF: Buy at .9518 for .9625 objective, stop .9471 FXstreet.com News2d 0h 7m
Majors EUR/USD: SHORT AT 1.2700 FOR 1.2501; REVISED STOP AT 1.2710 USD/JPY: SELL AT 107.37 FOR 106.14 OBJECTIVE, STOP 108.03 GBP/USD: SELL AT 1.6072 FOR 1.5940 OBJECTIVE, STOP 1.6132 USD/CHF: BUY AT .9518 FOR .9625 OBJECTIVE, STOP .9471 AUD/USD : POSSIBLY SELL USD/CAD: BUY AT 1.1160 FOR 1.1418 STOP AT 1.1081 Crosses EUR/JPY: POSS BUY LOWER EUR/GBP: SHORT AT .7920 FOR INITIAL .7851 OBJECTIVE; STOP …
China HSBC Flash PMI hits 3-month highs FXstreet.com News2d 0h 33m
Asian Market Update: China HSBC Flash PMI hits 3-month highs, though Output component slows; Kiwi falls 1% on slower CPI growth Economic Data - (CN) CHINA HSBC OCT FLASH MANUFACTURING PMI: 50.4 V 50.2E (3-month high) - (JP) JAPAN OCT PRELIM MARKIT/JMMA MANUFACTURING PMI: 52.8 V 51.7E (5th straight month of expansion, highest since March) - (AU) AUSTRALIA Q3 NAB BUSINESS CONFIDENCE: 6 V 6 PRIOR - (…
AUDNZD is looking strong FXstreet.com News2d 1h 27m
AUDNZD has been on a rampage since bouncing off a key support zone around 1.1000. The technical outlook has begun lining up for a potential push higher and the fundamentals also appear to be behind the pair. The key test will come from an important resistance zone around 1.1300, a break of which may encourage more bulls to join the charge. Earlier to today, NZ inflation data came in below expectat…
 
AUD/USD – Remains Below Resistance at 0.88 FXstreet.com News2d 6h 2m
During the last few weeks the Australian dollar has done well to stop the bleeding and trade within a wide range roughly between 0.8650 and 0.88. Prior to that it had experienced a sharp decline throughout September which saw it move from close to 0.94 down to below 0.8650 and an eight month low in the process. Despite the current resistance at 0.88, it was able to move through to a two week high …
RBA Keeping Close Eye on Lending Standards FXstreet.com News2d 6h 6m
Australia’s central bank is keeping a close eye on the build up of credits to housing investors and is still talking to the financial regulator over what can be done to tighten lending standards, the head of the Reserve Bank said on Thursday. Answering a question after giving a speech titled “Issues in payments systems”, Glenn Stevens also said lending standards need to be closely watched at a tim…
Aussie range bound as price pressures stagnate FXstreet.com News2d 7h 42m
Australian Dollar: The Australian Dollar opens virtually unchanged buying 0.8778 U.S cents and seemingly remains range bound. Yesterday’s CPI inflation report showed a marginal increase in overall cost of living which helped fuel a short term run above 0.88 before retracting on analysis of trimmed mean statistics that showed little change in overall price pressures. Stronger than expected U.S CPI …
 
Euro under pressure ahead of global PMI's. FXstreet.com News2d 7h 47m
The dollar is generally firmer again today ahead of the global manufacturing PMI’s, which will include various EU members, but kicking off today with the HSBC China figure. &nbsp;Cable is soft following the dovish BOE Minutes. Elsewhere WTI took another hit after the inventories report rose three times more than market expectations. PMI’s aside, today sees NZ CPI (shortly), Australian &nbsp;Busine…
New Zealand Dollar Forecasts: GBP to NZD Exchange Rate Firm After Recovering From BoE Minutes & Australian Inflation Currency News2d 10h 3m
&amp;lt;h2&amp;gt;The British Pound to NZ Dollar (GBP/NZD) exchange rate recorded losses on Wednesday as the New Zealand currency gained off the back of favourable Australian data.&amp;lt;/h2&amp;gt; &amp;lt;img style=&amp;quot;float:left;background:#f0f0f0;padding:5px; margin:10px 10px 10px 0;&amp;quot; width=&amp;quot;200&amp;quot;... [...]
AUDUSD: Where are the Pips Today? FXstreet.com News2d 15h 42m
I like to trade the currency pairs that have the clearest market conditions… Only then I know that the odds will be in my favor… So how do we know when the conditions are clear? We need to look for three things: - Clear support and resistance levels (on both, the long and short term charts) - Clear swings - Great profit potential When you get all those three things in a currency pair, you will be …
 
$GBPAUD- Triangle Break? FXstreet.com News2d 16h 18m
$GBPAUD- Triangle Break? Currently we are at 1.8250. We are looking for a continuation to the Support area @ 1.8148 with an overall target the S5 @ 1.8074. The average daily true range (ATR) for the pair currently is 183 pips.
USD/CAD traded quietly during the European morning Wednesday FXstreet.com News2d 17h 42m
USD/CAD The dollar traded higher against almost all of its G10 counterparts during the European morning Wednesday. It was stable against JPY, AUD and NZD. The euro fell below our 1.2700 support level on an unconfirmed newswire report that at least 11 banks from six European nations are set to fail the stress tests conducted by the ECB and the European Banking Authority. The results of the test wil…
USDOLLAR at Key Resistance - Reaction to Provoke EUR/USD, AUD/USD Daily FX2d 18h 28m
The USDOLLAR Index continues to edge higher from its mid-October lows, but hasn't yet cleared a necessary level to reengage USD longs elsewhere.
 
EURJPY: 137.45-137.60 on the upside, 135.00-135.15 on the downside FXstreet.com News2d 18h 47m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT): EURUSD: 1.2870 -1.2885 on the upside, 1.2605-1.2620 on the downside. AUDUSD: 0.8815-0.8830 on the upside, 0.8705- 0.8720 on the downside. USDJPY: 107.45-107.60 on the upside, 106.05-106.20 on the downside. GBPUSD: 1.6265-1.6280 on the upside, 1.5965-1.5980 on the downside. US…
Euro to Australian Dollar (EUR/AUD) Exchange Rate hits Weekly-Low on Stimulus Concerns Euro Exchange Rate News2d 19h 16m
Euro to Australian Dollar (EUR/AUD) Exchange Rate hits Weekly-Low on Stimulus Concerns As the threat of full-blown quantitative easing looms over the European Central Bank like an ominous black cloud, the common currency has been depressed and is trending lower against the majority of its currency rivals. Meanwhile, the Australian Dollar has firmed up versus many of its competitors after inflation…
Speculation that 11 banks failed ECB stress test FXstreet.com News2d 19h 43m
EU Market Update: BOE minutes shows vote remained the same but contents a tad more 'dovish'; speculation that 11 banks failed ECB stress test Notes/Observations - Japan Sept Trade Balance showed a wider deficit by improving components (-¥958B vs. -¥780.0Be - Australia Q3 CPI keeps dis-inflation theme on front burner; data roughly in line (Y/Y: 2.3% v 2.3%e) but well below the 3.0% annual rate regi…
 
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold FXstreet.com News2d 20h 54m
Analysis for October 22nd, 2014 EUR USD, “Euro vs US Dollar” Euro is consolidating inside the third ascending wave. We think, today the price may form an ascending structure to break this consolidation upwards. The target is at level of 1.2905. After that, the pair may start a new correction to return to level of 1.2760. Later, in our opinion, the market may form the fifth ascending wave with the …
AUDUSD triangle still holding but could break on US inflation data today FXstreet.com News2d 21h 7m
A ForexTrading.TV Technical Analysis Video Alert for AUDUSD
Bank of England minutes due this morning FXstreet.com News2d 21h 37m
Today's Highlights Aussie inflation meets forecasts Bank of England minutes due this morning US inflation may dip Canadian interest rates likely on hold FX Market Overview UK government borrowing is still a problem for the chancellor. Maybe it is the cost of chasing all those foreign criminals in our midst. How can a government department increase staff levels tenfold but make no discernible gains…
 
Aussie dollar looking to move FXstreet.com News2d 23h 47m
The Australian dollar has been extremely volatile as of late, and this comes on the back of commodity currencies being in total fluctuation as the USD weakens and strengthens sharply. The Aussie dollar has been one of the most mixed in terms of performance, and is currently holed up in the 88-86 cent range. People should be positive about the Australian dollar as it has a habit of breaking trends,…
USDCAD: 1.1335-1.1350 on the upside, 1.1145-1.1160 on the downside FXstreet.com News3d 0h 20m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT): EURUSD: 1.2840 -1.2855 on the upside, 1.2625-1.2640 on the downside. AUDUSD: 0.8840-0.8855 on the upside, 0.8700-0.8715 on the downside. USDJPY: 107.55-107.70 on the upside, 106.10-106.25 on the downside. GBPUSD: 1.6220-1.6235 on the upside, 1.6045-1.6060 on the downside. USD…
GBP/USD: Long at 1.6133 for 1.6287; stop at 1.6063 FXstreet.com News3d 0h 35m
Majors EUR/USD: LONG AT 1.2756 FOR 1.2958 OBJECTIVE, STOP 1.2703 USD/JPY: LOOK TO SELL 107.45/50 GBP/USD: LONG AT 1.6133 FOR 1.6287; STOP AT 1.6063 USD/CHF: LOOK TO SELL AUD/USD : LOOK TO SELL USD/CAD: BUY AT 1.1160 FOR 1.1418 STOP AT 1.1081 Crosses EUR/JPY: SELL AT 136.25 FOR 135.24; STOP AT 136.50 EUR/GBP: SELL AT .7920 FOR INITIAL .7851 OBJECTIVE; STOP AT .7950 EUR/CHF: SHORT AT 1.2080 FOR 1.20…
 
Australia annual CPI slows to 1-year lows FXstreet.com News3d 0h 54m
Asian Market Update: Risk-on restored as global investors leave the safety of US treasuries; Australia annual CPI slows to 1-year lows Economic Data - (AU) AUSTRALIA Q3 CONSUMER PRICES (CPI) Q/Q: 0.5% (matches 5-quarter low) V 0.4%E; Y/Y: 2.3% (1-year low) V 2.3%E; TRIMMED MEAN Q/Q: 0.4% V 0.5%E ; Y/Y: 2.5% (1-year low) V 2.7%E - (AU) AUSTRALIA SEPT SKILLED VACANCIES M/M: 0.5% V 0.7% PRIOR (5th co…
Intra-Day Market Moving News and Views (EUR/USD) FXstreet.com News3d 2h 29m
Intra-Day Market Moving News and Views 22 Oct 2014 02:26GMT EUR/USD - ...... Euro is nursing loss in Asia after yesterday's sell off from 1.2840 to as low as 1.2706 in Australia earlier today. Despite extending Monday's gain to 1.2840 in early European trading, heavy offers at 1.2840 checked intra-day gain and short-term euro bulls unwound their longs. Breaking Reuters news of ECB was mulling corp…
Softer inflation gives the RBA room to maintain loose policy FXstreet.com News3d 2h 50m
A drop in inflation in Australia has provided the Reserve Bank of Australia with more room to leave interest rates at lows levels for an extended period of time. Consumer prices rose 0.5% q/q last quarter, bringing year-on-year growth to 2.3%. This is slightly better than an expected increase of 0.4% q/q and a headline rate of inflation of 2.25%. Overall inflation now sits at its lowest level sinc…
 
RBA's Lowe Urges Government Action FXstreet.com News3d 2h 54m
Australian central bank Deputy Governor Philip Lowe urged vigilance on asset prices inflated by record-low interest rates and said government action is needed to encourage companies to invest. “Very low global interest rates have been with us for some time. And it is likely that they will stay with us,” Lowe said in a speech in Sydney late yesterday. “But the longer it runs on without a pickup in …
Intra-Day News and Views (USD/JPY) & data to be released today: Oct 22, 2014 FXstreet.com News3d 3h 44m
Intra-Day Market Moving News and Views 22 Oct 2014 01:45GMT USD/JPY - ...... The pair pares yesterday's gain and retreats in Tokyo morning due to intra-day broad-based pullback in the greenback following yesterday's rally together with present retreat in the Nikkei (the N225 trimmed initial 325-point gain, now at 15025, up by 221 points). Despite extending o/n rise in NY session to 107.11 in Austr…
Asian Equities Higher on ECB QE Rumors FXstreet.com News3d 4h 11m
Asian stocks rose, with Japanese and South Korea shares erasing yesterday’s losses as speculation Europe will expand its economic stimulus fueled a global equity rebound. Australian bonds declined before an inflation report, while wheat extended its advance. The MSCI Asia Pacific Index climbed 0.8 percent by 9:25 a.m. in Tokyo, as Japan’s Topix index added 1.9 percent and the Kospi index increased…
 
AUD/USD – Remains Below Resistance at 0.88 FXstreet.com News3d 4h 31m
During the last few weeks the Australian dollar has done well to stop the bleeding and trade within a wide range roughly between 0.8650 and 0.88. Prior to that it had experienced a sharp decline throughout September which saw it move from close to 0.94 down to below 0.8650 and an eight month low in the process. Despite the current resistance at 0.88, it was able to move through to a two week high …
Chinese GDP Growth adds support to AUD FXstreet.com News3d 7h 2m
Australian Dollar: The Australian Dollar enjoyed a brief break above 0.88 yesterday touching an intraday high of 0.8825 on the back of stronger than expected Chinese GDP Growth and Industrial Production. Reports showed China’s economy expanded 7.3% in the third quarter while industrial production jumped 0.5% on numbers reported this time last year surpassing economists’ expectations and buoying ma…
Euro lower on report of ECB bond buying programme. Australian, US CPI's coming up. FXstreet.com News3d 7h 38m
The Euro headed lower against the dollar today, taking most of the other majors with it following a Reuters report that suggested the ECB is ready to begin buying corporate bonds as soon as December. Stock soared on the news as risk sentiment improved, although the Yen failed to notice and still sees decent demand against the dollar and the crosses. Today’s direction will be driven by inflation da…
 
Stocks rip higher again on the back of more rumours of monetary easing, Aussie fails FXstreet.com News3d 8h 1m
Buy the dip ain’t dead as we are seeing again in markets at the moment and as NYSE Floor Governor Rich Barry somewhat cheekily wrote and BIUS reported overnight. Barry is almost tempting fate when he says We knew it was just a matter of time before our ‘buy-the-dipper’ friends came back into the market. At last look, the S&amp;P 500 is up 113 points from its Wednesday ‘panic’ lows, which equates t…
Do you want to see your own news headlines here? Please contact us if you are publishing and syndicating high quality forex/economic news or blogs.