AUD/USD
AUD/USD pits the Australian dollar against the US dollar – but where is this major FX pair headed next? Find out here with our latest AUD/USD news and analysis, covering what you should be watching on both sides of the currency pairing.
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Forex Seasonality – April 2024: GBP/USD’s Most Bullish Month, USD/CAD’s Most Bearish
GBP/USD has historically seen its strongest gains in April, while USD/CAD has seen its worst performance in April and is testing resistance at its 4-month highs near 1.3600.
AUD/USD forecast: Why this textbook bearish pattern may be prone to failure
At the end of last week, I highlighted a potential bearish continuation pattern on AUD/USD. But the further this week has progressed, the more I have questioned its potential to break lower.
AUD/USD bears eyeing downside after Australia’s inflation undershoot
Australia’s inflation report undershot expectations in February, although there’s still evidence of stickiness in underlying price measures. Markets reacted by bidding Australian government bonds which have pressured AUD/USD, seeing it test uptrend support. A break could see the Aussie revisit its 2024 lows.
AUD/USD net-short exposure reached a record high last week: COT report
An increase of bearish bets against AUD/USD pushed net-short exposure to a record high among large speculators.
AUD/USD teetering as selling momentum delivers death cross
AUD/USD is threatening to break the uptrend it’s been in since October, failing to find traction despite what was the largest coordinated central bank dovish pivot since the start of the pandemic last week. With little event risk on the calendar, the fortunes of AUD/USD may be determined by USD/CNY following a dramatic end to trade in Chinese markets on Friday.
AUD/USD weekly outlook: AU CPI, AUD forward returns for Easter
Due to the shorter trading week, we take a look at how AUD/USD has performed around Easter over the past 30 years.
AU employment data leaves no room for RBA easing: AUD/USD, AUD/CHF
Over the past few hours we have seen the Fed hint at multiple cuts this year, and Australian employment data outperform to send AUD/USD above 66c.
AUD/USD reclaims 200-day MA on surprisingly dovish Fed meeting: Asian Open
US yields dragged the US dollar lower as the Fed continued to favour three cuts this year, helping AUD/USD break back above its 200-day MA ahead of today's employment figures.
AUD/USD lower as the RBA enters perpetual-hold mode
With no imminent reason for the RBA to hike or cut, the 4.35% cash rate seems here to stay. But the removal of their slight tightening bias weighed on AUD/USD.
AUD/USD, USD/JPY in focus for RBA and BOJ meetings: Asian Open
1-day implied volatility for USD/JPY has risen to 320% of its 20-day average ahead of today's BOJ meeting, to show volatility is expected. And the best chance of AUD/USD enjoying its own volatility is if the RBA finally ditch their hawkish bias.
AUD/USD not feeling the love from perky commodity prices
AUD/USD looks heavy on the charts, weighed down by tumbling iron ore and coal prices and widening interest rate differentials with the United States.
AUD/USD holds 200 EMA post CPI, gold snaps 9-day winning streak: Asian Open
AUD/USD held above its 200-day EMA and shows the potential to bounce today, alongside gold - despite the fact it snapped its 9-day winning streak.
AUD/USD, ASX 200 pause for breath ahead of US CPI: Asian Open
With traders eager to price in Fed cuts, today’s US CPI could bolster the US dollar and see AUD/USD and the ASX 200 pull back further if the data comes in too hot.
AUD/USD weekly outlook: Best week in 12 as bears get burned
A broadly weaker US dollar helped AUD/USD rise at its fastest pace in twelve weeks, and given the record level of net-short exposure among asset managers, AUD/USD could have further upside potential.
AUD/USD: Breaking key levels with momentum ahead of non-farm payrolls
AUD/USD has surged to a technical level where it’s done plenty of work around in the past, providing an opportunity for traders to establish trades with excellent risk-reward potential. With declining US bond yields suffocating the US dollar rally, directional risks appear slanted to the upside.
US dollar holds support, gold reaches new ATH ahead of key ISM report
Gold surged to a fresh ATH high for a second day, but if the ISM services report knocks out some strong numbers then gold may struggle to extend its lead.
AUD/USD: Growing risk Australia’s economy went backwards in late 2023
Risks are growing that Australia’s economy went backwards in the December quarter, keeping alive the prospect of the Reserve Bank of Australia bringing forward rate cuts following a string of weak domestic economic data last week. AUD/USD therefore remains a sell-on-rallies prospect.
AUD/USD weekly outlook: AU GDP figures in focus for the RBA
Australia’s economy is slowing, but there’s a chance GDP could come in softer than the RBA’s own forecast. And that could weigh on AUD/USD on renewed RBA-cut bets.
Forex Seasonality – March 2024: USD/JPY Gains, USD/CAD Falls in March
USD/JPY and USD/CAD could see noteworthy moves this month if history is any guide - read on to see the full data!
AUD/USD: Looking to sell rallies on expected inflation acceleration
Australian CPI is expected to accelerate in January, fitting with numerous other inflation readings around the developed world. While that sounds like a scenario that could benefit the AUD/USD on reduced RBA rate cut bets, don’t be surprised if an initial bounce is faded quickly on this occasion.
AUD, NZD in focus for AU CPI and RBNZ meeting: Asian Open
Data finally begins to pick up for the week with an AU CPI report and RBNZ meeting, which places NZD/USD and AUD/NZD into focus.
AUD/USD snaps 8-day rally, ASX remains rangebound near its highs
Momentum finally turned lower on AUD/USD after its 8-day rally met resistance at the 200-day EMA.
AUD/USD, US dollar, Swiss franc analysis: COT report – Feb 26, 2024
Traders remained net-long US dollar index futures last week, although asset managers have the more convincing bullish view for the dollar.