Australia’s Central Bank Unexpectedly Raises Interest Rates
October 6, 2009 9:36 pm by Natalie R.After the success of our recent GBP campaign and due to the demand from our Forex customers, we have decided to expand this idea to offer a comprehensive analysis of the South Pacific Currencies: the AUD and NZD. The AUD ...
AUD and JPY Performance Review
August 18, 2009 11:25 pm by Natalie R.The Australian Dollar rose from near its lowest level in more than two weeks versus the Yen following a rebound in risk appetite as stock markets rallied. Assisting the AUD further were speculations that the currency’s sell-off the past two ...
Is Another Rally in Sight for the AUD and NZD?
August 12, 2009 11:54 pm by Natalie R.After two days of declines versus the U.S Dollar, as global stock markets dropped and commodities prices fell, the AUD and NZD saw some gains today as stock markets resumed their rally. The Australian and New Zealand Dollars were particularly ...
AUD Cash Rate and Monetary Policy Report
August 4, 2009 5:45 pm by Natalie R.The Reserve Bank of Australia (RBA) kept its policy cash rate steady at 3.0% Tuesday as widely expected, and indicated it is moving away from an easing bias as the economy recovers. The RBA went so far as to say ...
EUR and AUD Forecasts
July 28, 2009 3:15 pm by Natalie R.EUR The EUR holds firm against the U.S Dollar today after it hit its highest in 8 weeks Monday, when a jump in U.S. New Home Sales encouraged investors to seek riskier assets. The EUR edged up 0.1% to $1.4243 after ...
GBP/AUD Looks to Reverse Course
July 22, 2009 4:38 pm by Yan Petters• The chart below is the GBP/AUD 4-hour chart by ForexYard. • The technical indicators used are the Bollinger Bands, the Slow Stochastic, MACD and the Relative Strength Index (RSI). • After a steep depreciation, of almost 1,000 pips! It seems that the chart might ...
Australian Dollar Under Pressure
July 14, 2009 6:55 pm by Natalie R.The Australian Dollar (AUD) rose from a six week low against the USD late Monday after a rally in the U.S. stock market encouraging demand for higher yielding assets, and hitting a high of $0.7887. The AUD tumbled last week ...
AUD Struggling to Stay Above $0.80
June 22, 2009 12:21 pm by Natalie R.After a strong performance last week, the Australian Dollar started this week on a downtrend as expectations of interest rate hikes unwind over speculations the economic recovery in Australia will be shallow. The move to safer currencies is also supported ...
Global Economic Recovery Helps AUD’s Recent Rally
June 15, 2009 5:22 pm by Natalie R.The Australian Dollar (AUD) ended last week with a 2.4% rise versus the USD, trading at 81.24 cents. The rally was sparked by speculation of an interest rate increase by the Reserve Bank of Australia (RBA) in the next 12 ...
AUD/CAD Impending Bearishness
June 11, 2009 1:26 pm by Anton Eljwizat• Below is the hourly chart for the AUD/CAD • The indicators used are the Slow Stochastic, RSI, and MACD
