OctaFX | OctaFX Forex Broker
Open trading account
Back

AUD/USD: Dynamics unlikely to change today - ANZ

FXStreet (Bali) - According to ANZ FX Strategists, AUD/USD dynamics are unlikely to change today with an expected range of 0.8545– 0.867.

Key Quotes

"With little fresh news to drive the AUD, the market continued to fade the bounce which followed the surprise rate cut in China last Friday. With the EUR rebounding after a solid IFO print cross selling also weighed on the AUD. Dynamics are unlikely to change today with the RBA speech the only event of note. Expected range: 0.8545– 0.867."

AUD/USD testing the downside again - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the AUD/USD pair has been under selling pressure flirting with the 0.8600 figure in the American afternoon, unable to bounce.
Read more Previous

Session recap: Majors bounced as Germany fueled the Euro; Optimism

There was an optimistic day in the field of investments as market players were still digesting the China and ECB's measures to power economies. In addition, Germany published a surprisingly good IFO report. The data in the US were regular, but the Thanksgiving's goodwill fed the hearts of the currency markets and Wall Street.
Read more Next
Start livechat