AUD USD

We may have seen an important swing low on the yen looking at the change of speculative market positioning. And that could see a much deeper pullback on USD/JPY.

AUD/USD has done a poor job of tracking its seasonality overall this year so far. And given it’s taking its directional cue from China while any pullback on the USD may be limited, I'm not hanging my hat on a particularly strong December for AUD/USD.

True to his campaign promise, Trump is playing hardball with tariffs. But will he deliver, or is this simply a classic Trump-bargaining chip? Regardless, AUD/USD is getting caught up in the headlines.

Trump’s tariff threats send shockwaves through markets, driving the USD higher as trade-reliant currencies plunge. USD/CAD breaks to pandemic highs, while AUD and NZD reel from fears of escalating protectionism.

While traders pushed net-long exposure to the USD to a 20-week high, there is also been a notable pickup of long yen bets. They're also piling into EUR/USD shorts, which is why I continue to suspect USD/JPY and EUR/USD may converge and move lower.

AUD/USD managed to recoup some of its post-US-election losses last week. And given it held up against the might USD strength while futures data shows volumes rising for the first week in seven, I suspect an important swing low has been seen.

Australian Dollar snapped back to a key pivot zone and the rebound remains vulnerable into the monthly close. Battle lines drawn on the AUD/USD weekly technical chart.

AUD/USD may further retrace the decline from the monthly high (0.6688) to hold within the yearly range.

The Aussie’s got its eyes on the yuan. With USD/CNH pushing higher, the Aussie’s set for a potential bounce – or a big drop.

With Australia’s business and consumer sentiment rising, CPI ‘too high’ for the RBA and now Trump preparing his cabinet for inflationary policies and potential trade wars, the RBA could be closer to a hike than a cut. And another bumper employment report from Australia this week could strengthen those odds.

AUD/USD snapped a 5-week losing streak with a marginal 0.3% gain. But it was the most volatile week since April thanks to the US election, and volatility is expected to remain elevated.

AUD/USD and NZD/USD soared on Thursday, driven by speculation of a massive ¥12 trillion China stimulus package. Rumours of bold measures to boost consumption sent risk assets rallying, but traders are now eyeing the Politburo for confirmation. With no set announcement time, Friday's decision could make or break the recent surge in Aussie and Kiwi.

Australian Dollar is poised to mark a fourth-weekly decline with AUD/USD plummeting more than 4.5% off the yearly high. Battle lines drawn on the weekly technical chart.

If you haven’t heard already, Donald Trump has been elected as President of the United States. flipped the senate and on the cusp of taking the house. A risk-on session ensued, which played nicely for AUD/JPY bulls - who now have 103 in focus.

We saw the usual risk-on bounce election day tends to bring. But if markets continue to track their historical averages, we’re in for some volatile reversals today.

The recent recovery in AUD/USD kept the RSI above 30, and the oscillator may continue to show the bearish momentum abating as it moves away from oversold territory.

The RBA is holding firm on rates, but with inflation concerns still high and the US election looming, what’s the next move for the Aussie dollar? As bonds take a beating and AUD/USD edges higher, here’s how both domestic policy and global events could shape the outlook.