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AUD Daily Review October 10, 2017

AUD Daily Review for October 10, 2017

Asia AM Digest: Yen and Aussie Dollar Eyeing BOJ, RBA Commentary

The Japanese Yen and the Australian Dollar are looking to comments from BOJ Governor Haruhiko Kuroda and RBA Deputy Governor Guy Debelle for direction cues.



EUR/USD:Neutral (since 14 Sep 17, 1.1890): Risk of a sustained down-move has eased.While a clear break below 1.1660 is not ruled out, the recent downward pressure that resulted in low of 1.1667 last Friday is beginning to show signs of waning. From here, a move above 1.1780 would suggest that 1.1667 is short-term low and that EUR has moved into a c


USD/JPY and AUD/USD Forecast October 11, 2017

The US dollar fell significantly during the session on Tuesday, reaching down towards the 112 level. We found enough support there to turn things around and …


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