Originally published by AxiTrader Can it break 76 cents? That's the question this morning after the Australian dollar was lifted by the tide of mild US dollar weakness last night. And folks,...
Originally published by AxiTrader The Australian dollar opened the day a little better bid this morning after showing uncommon resilience overnight as stocks dipped, the US dollar surged, and copper...
Originally published by Guppytraders.com The carefully negotiated structure of global rules and trade treaties are being torn down, dismantled and disregarded by the United States which is...
Imagine Wile E. Coyote chasing Road Runner, desperately running off a cliff to catch up with his nemesis, hanging in the air for a second, and then plummeting to the bottom of the canyon. Those few...
Originally published by AxiTrader The US dollar came under some heavy selling pressure in European trade last night when news broke that China was cutting the tariffs on a number of imports including...
Originally published by AxiTrader The Australian dollar is sharply higher this morning, buoyed by the truce in the trade war, what that implies positively about growth in the world's two biggest...
Originally published by AxiTrader The latest positioning report from the CFTC showed that large speculators were forced to cut their US dollar short positions further. While market participants do not...
Originally published by AxiTrader The Aussie dollar is lower this morning but holding 75 cents for the moment after base metals helped it outperform most of the other majors in the past 24 hours. It...
Originally published by AxiTrader The Australian dollar traded down to a low of 0.7448 yesterday after the release of the disappointing wage price index which did little to assuage the fears many hold...
Originally published by guppytraders.com Market contradictions can be interesting, but irrelevant, or interesting and significant. The behaviour of the Australian dollar is one of those...
Originally published by The Reserve Bank of Australia I could try to fit a fundamental narrative to the Aussie dollar's move over the past 24 hours. But the reality is that what was clear for the...
Originally published by AxiTrader The latest CFTC report showed that there were some notable shifts in FX positioning, especially in the British pound and Swiss franc. Pound net positioning decreased...
Originally published by AxiTrader What's more important in consumption-based economies than retail sales and employment to gauge where exactly things are at economically? Certainly much is made of...
Originally published by AxiTrader The Australian dollar rocked through resistance in the 0.7470's yesterday afternoon before roaring into the 0.7530's where it sits this morning - up around 1% - after...
Higher US rates and strong dollar catalyst for losses Argentine peso and Russian ruble face heaviest rout Turkish lira follows closely behind Emerging market currencies have fallen sharply against...
Originally published by AxiTrader The Australian dollar was under intense pressure at one stage last night trading down to a low around 0.7411 before recovering to sit at 0.7462 as I write. The...
