Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
Will EUR/AUD continue to break lower?
The key question for EUR/AUD is, “Will the ECB be more hawkish than the RBA?”
European Open: EUR/AUD looks week ahead of German PPI
A strong employment report for Australia has sent AUD to top of the class overnight, weighing on EUR/AUD ahead of PPI data for Germany at 07:00 BST.
Asian Open: Tech stocks lead Wall Street lower, 4-day rally on EUR/AUD
Pending inflation data for the US weighed on Wall Street overnight, seeing technology stocks lead the broader market lower.
Open an account today
Tight spreads from 0.5 pts on FX and 1 pt on indices.
Award-winning platforms with fast and secure execution.
Asian Open: US inflation hits 40-year high, EUR/AUD reverts to trend
Hot inflation and lack of progress over ceasefire talks drove sentiment, sending Wall Street slightly lower, with US dollar and commodity FX higher.
EUR/AUD and EUR/NZD trying to hammer out a bottom
With many commodities such as oil, gold, and wheat soaring, commodity currencies have gone along for the ride.
Asian Open: USD lower post FOMC minutes, bearish triangle on EUR/AUD
The minutes didn’t seem to live up to imminently hawkish expectations, sending the US dollar broadly lower overnight and supporting AUD.
Asian Open: Wall Street rebounds after shaky start
Rising yields had weighed on sentiment (and most notably tech stocks) before a later afternoon rally erased earlier losses.
European Open: Equities bounce on Omicron fatigue
There’s only so much misery traders can take, and that appears to be 3-day given how futures markets and Asian indices are all higher overnight.
European Open: Markets steady ahead of FOMC, calm before the storm?
Expectations are for the fed to announce a faster speed of taper, so perhaps the more volatile reaction could be if they underwhelm relative to expectations.
Asian Open: Are ink prices too high for the Fed’s printer?
Jerome Powell jolted global markets by conceding that inflation is not actually transitory, and that the Fed will discuss a faster pace of tapering.
EUR/AUD Reverses at Bearish Target. What Now?
Shorting EUR/AUD has been one of the better performers in recent weeks for bearish traders. Yet yesterday’s rally (its best in 4-months) should serve as a warning.
EUR/AUD drops as risk assets rebound strongly
Today’s disappointing US macro data has triggered a general “risk-on” response in the financial markets with the dollar falling and stocks rebounding as the probability […]
EUR/AUD: breakdown imminent?
Below we have a daily chart of the EUR/AUD. Similar to the EUR/USD, consolidation is the name of the game. But within the consolidation, it […]
EUR/AUD: A Terrible, Horrible, No Good, Very Bad Day
The popular children’s book “Alexander and the Terrible, Horrible, No Good, Very Bad Day” describes the travails of a child named Alexander who endures gum […]