Posts Tagged ‘Aussie’
Aussie Drops Ahead of U.S. Payroll News
Aussie Drops Ahead of U.S. Payroll News
Australia’s dollar headed for a weekly decline against the greenback as signs of a recovery in the U.S. labor market reduced the yield advantage of the South Pacific nation’s bonds over Treasuries.
Read more on BusinessWeek
FOREX-Dollar falls broadly before Fed; Aussie rallies
FOREX-Dollar falls broadly before Fed; Aussie rallies
* Dlr down slightly on speculation Fed may suggest more QE * Aussie rallies after hawkish comments from RBA’s Stevens * Dlr/yen little changed, investors wary of intervention By Vivianne Rodrigues NEW YORK, Sept 20 – The dollar slipped broadly on Monday on speculation the Federal Reserve may suggest the need to inject more stimulus into the struggling U.S. economy when it announces its latest …
Read more on Reuters via Yahoo! Asia News
Dollar Mixed as Aussie Soars
The AUDUSD rally from below 9000 is impulsive (5 waves), which suggests additional strength. 9120-9100 is potential short term support. The picture is mixed.
View full post on DailyFX Technical Analysis – Candlesticks