AUD: Chances of November rate cut trimmed to 60%


That's down from 85% yesterday.

AUD tries to rally but sellers solid above 1.0300


Not many people playing after the numbers with AUD/USD running out of steam above 1.0300. Dealers…

AUD/USD: What to expect from the day ahead


I don't want to get caught up in guessing what the CPI number might be, of course its important and…

Cable: Sovereign buyers reported starting at 1.5970


These buyers have been very patiently sitting at the same level for quite some time now and the…

Cheap trade of the day


I have no strong views at all this morning but  a friend of mine who's an excellent AUD trader…

RBA: More public comments regarding the high AUD


Yesterday it was Jillian Broadbent who was quoted in the mainstream press as saying that the AUD…

Romney-Bernanke trade


There is increasing speculation that a Romney victory in the US Presidential election could lead to…

AUD/USD: Failing to go with the flow


EUR/USD and cable have rallied nicely alongside the Yen crosses in the last few hours but the…

Chances of RBA rate cut increase to 85%


The latest Australian government economic and fiscal outlook, announced earlier today, included a…

AUD/USD, GBP/JPY support lines hold; overall interest levels very low


The psychologically important 1.0300 has held so far this morning in the AUD/USD, but the bounce…

Tokyo open; quick overview


Australian shares are 1% lower in early trade, taking a lead from US markets: Quite a bit of…

AUD/USD outlook week October 22nd: Traders eyeing 1.0310/20 very closely


     I have no need to tell regular AUD/USD traders of the importance of the 1.0320 level, as it's…

Goldman Sachs leading indicator turns positive


Not that anybody is paying much attention to anything at the moment, but maybe Europe might pay…

AUD/USD session outlook


The local banks are saying that there is surprisingly little interest in the AUD at the moment. The…

Today is 25th anniversary of Black Monday


The first big stock market crash that I was in the market for happened on October 19th, 1987. If…

EUR/AUD: Bit of buying going through the market


Decent enough flow just reported in EUR/AUD with a Swiss name buying the pair from around…

AUD/USD still looking well bid


I think Europe will have another serious go at the topside in AUD/USD when they get started in the…

AUD choppy after China GDP comes in as expected


The first move was down to test hourly support at 1.0360 after the Chinese GDP number came in…