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AUD Daily Review January 31, 2017

AUD Daily Review for January 31, 2017

AUD: 2 Rate Cuts From The RBA In 2017: Where To Target? – NAB

Low Q4 Australian CPI sees the market reduce probability of a rate hike over the next twelve months.Recent renewed focus of RBA on financial stability considerations suggests deteriorating labour market outlook will be required to prompt further easing.NAB continues to forecast two rate cuts in 2017. This view reflects the expectation that GDP grow


AUD/USD: A Triangle Sideway above 0.7500

Elizabeth Belugina, the leading analyst at FBS, will provide technical and fundamental analysis for the main currency pairs and commodities and share her tra…


USD/JPY and AUD/USD Forecast January 31, 2017

The USD/JPY pair fell during the day on Monday, as the 115 level has offered quite a bit of resistance. With this, the market should then reach down towards …



EUR/USD: Neutral: In a 1.0600/1.0800 range.EUR dipped briefly to a low of 1.0617 yesterday but rebounded quickly. Indicators are mostly neutral which suggest further broad sideway consolidation in the coming days, likely within a 1.0600/1.0800 range.AUD/USD: Neutral: In a 0.7480/0.7630 range.The current movement in AUD is deemed as a sideways conso


AUD/USD Resumes Higher on Back of Former Resistance Providing Support

-There is no change to AUD/USD comments, which continues to hold up. “Aussie weakness continues to hold the December high (former support providing


AUD/USD stuck in a 0.75/0.76 range, limited downward scope

FXStreet Chief Analyst Valeria Bednarik explains AUD/USD stuck in a 0.75/0.76 range, limited downward scope. Watch full analysis:…


USD/JPY and AUD/USD Forecast February 1, 2017

The US dollar fell during the day on Tuesday, slicing below the 112.50 level. There is support underneath there and extending down to at least the 112 level,…


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