OctaFX | OctaFX Forex Broker
Open trading account
Back

AUD/USD breaking up through 100 DMA - Scotiabank

FXStreet (Guatemala) - Analysts at Scotiabank noted that AUD/USD is up and around its 100 day MA (0.7208) for a third consecutive session.

Key Quotes:

"RBA Gov. Stevens’ most recent speech had a limited impact on AUD, generating a brief decline likely resulting from a reiteration of concern about downside risks to inflation."

"The greatest near term risk for AUD lies with the release of private CAPEX data and its implications for next week’s RBA meeting."

"Consensus is looking to a hold, with only two of the 28 Bloomberg survey respondents looking to a 25bpt cut to 1.75%."

EUR/USD upside limited - Rabobank

Analysts at Rabobank offered a technical analyses of EUR/USD in a snap shot.
Read more Previous

USD/JPY Intraday: under pressure - Rabobank

Analysts at Rabobank noted the technical conditions surrounding USD/JPY.
Read more Next
Start livechat