OctaFX | OctaFX Forex Broker
Open trading account

AUD/USD could slip towards 0.8820/00 – OCBC Bank

FXStreet (Edinburgh) - Emmanuel Ng, FX Strategist at OCBC Bank, sees the likeliness of the AUD to decline to the 0.8822/00 area vs. the greenback.

Key Quotes

“With investors still preoccupied with China/global growth concerns, the pair may remain under the weather in the current USD/risk appetite environment and the next visible support is expected towards 0.8820 and then 0.8800 if 0.8900 is not re-taken.

Eurozone PMIs soft across the board - Deutsche Bank

Jim Reid from Deutsche Bank comments on the Eurozone PMI numbers released this week, suggesting that the weak results point to a slow, uneven and fragile recovery in the area.
Read more Previous

GBP/USD remains around 1.6400 - FXStreet

FXStreet Chief Analyst Valeria Bednarik points out that the GBP has been steady, trading between Fibonacci levels recently, due to a lack of market-moving UK economic data.
Read more Next
Start livechat