Posts Tagged ‘australian’

AUDUSD Lower Ahead of RBA Statement

by Christopher Lemieuxon November 19, 2013 12:18 am BST
The Reserve Bank of Australia (RBS) is due to release their monetary policy minutes momentarily, while the AUDUSD trades lower ahead of the release. Earlier in the day, the pair broke .9400 for a short time before trading back down. The Intraday, 4H chart shows price action finding resistance at .9420. The last four intraday […]

RBA Cuts Cash Rate by .25 BPS

by Christopher Lemieuxon August 6, 2013 5:11 am BST
The Reserve Bank of Australia (RBA) cuts the cash rate by .25 bps that fell in line with analyst expectations. RBA Governor Glenn Stevens released a media statement following the cash rate decision. The decision to cut the cash rate was largely due to the slowdown in Australia’s economy with commodities declining heavily in 2013. […]

AUDUSD: June 3, 2013 Update

by Christopher Lemieuxon June 3, 2013 1:52 pm BST
AUDUSD seen a surge after Chinese HSBC Manufacturing PMI and European PMI shows signs of improvement, and the Aussie-dollar is +85 pips respectively. However, the tone of the day may be set when The Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) is released at 10AM EST. Upon looking at the weekly chart, AUDUSD shows […]

FOREX-Euro boosted by Greece aid deal hopes, yen wobbly

by on November 22, 2012 4:03 pm BST
Thu Nov 22, 2012 11:03am EST * Euro at 6-1/2 month high versus yen, 3-week high vs dollar * Helped by expectations of an eventual Greek deal* Euro zone flash manufacturing PMI not as bad as forecast* Yen slides to 7-1/2 month low versus U.S. dollar, AussieBy Philip BaillieLONDON, Nov 22 (Reuters) - The euro