AUD News Reviews 

AUD Daily Review December 17, 2017

AUD Daily Review for December 17, 2017 AUD/USD Technical Analysis: Aussie Dollar Aiming Above 0.77 The Australian Dollar looks poised to launch a recovery against its US counterpart after breaking above resistance guiding the down trend since early September.   USD/JPY and AUD/USD Forecast December 18, 2017 The US dollar initially fell against the Japanese yen during the trading session on Friday, but found the 112-level supportive enough to turn the market arou…   Have a nice trading! Share This:

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AUD News 

‘Loyal agent of North Korea’ charged in Australia over ‘sanctions breach’

“A Sydney-based “loyal agent of North Korea” has been charged with trying to sell missile parts and technology on the black market to raise money for Pyongyang in breach of international sanctions, Australian police said on Sunday” writes Tom Welsh for telegraph.co.uk. “This man is a loyal agent of North Korea, believing he was acting to serve some higher patriotic purpose.”.  Source: telegraph.co.uk Share This:

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AUD News Reviews 

AUD Daily Review December 14, 2017

AUD Daily Review for December 14, 2017 USD/JPY and AUD/USD Forecast December 14, 2017 The US dollar fell apart against the Japanese yen during the trading session on Wednesday, after the interest rate statement was a little less than hawkish. …   AUD/USD Bullish Reversal Eyes Initial Resistance Targets Aussie rebounded off critical support last week with the post-FOMC rally clearing the monthly range highs. Here are the updated targets & invalidation levels that   USD/JPY and AUD/USD Forecast December 15, 2017 The US dollar initially tried to rally against…

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AUD News 

Australia regulator to block BP/Woolworths deal

“BP already supplies fuel to about 1,400 BP-branded service stations in Australia, setting fuel prices at roughly 350 of them” writes Robb M for marketwatch.com. SYDNEY–Australia’s antitrust regulator will block BP PLC’s BP, -0.02% planned acquisition of a network of gas stations across Australia, which it said likely would significantly reduce competition in retail fuel supply.The deal was a blow to Caltex Australia Ltd. (CTX.AU), the existing fuel supplier to Woolworths’ outlets. Source: marketwatch.com Share This:

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Sri Lankan man ‘risks torture and rape’ if deported

“The United Nations committee against torture has advised the Australian government not to deport a Sri Lankan man, citing concerns he might be tortured upon return” writes Ben Doherty for theguardian.com. The man, whom the Guardian has chosen to refer to as Jyran, was told on 6 December by the department of immigration to prepare to be deported imminently from Australia.The Geneva-based committee of 10 independent human rights experts has issued an interim measure formally requesting Australia not to return the man while his case is considered. Source: theguardian.com Share This:

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Ottawa to buy fleet of 30-year-old fighter jets from Australia in snub to US

“Canada will purchase a fleet of 30-year-old F/A-18 Hornet fighter jets from Australia amid an escalating trade dispute with the US. Plans to buy a newer fleet of 18 Boeing Super Hornets were ditched after the US imposed an 80% tariff on imports of Bombardier passenger aircraft and Canada will instead spend about $500m on the fleet of vintage RAAF planes” writes Guardian Staff for theguardian.com. Jonathan Vance, chief of the defence staff of the Canadian Armed Forces, told ABC News the Australian jets would be an adequate stopgap measure…

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AUD News Reviews 

AUD Daily Review December 12, 2017

AUD Daily Review for December 12, 2017 AMC could open first cinema in Saudi Arabia in 2018 The world’s biggest movie theater chain moved fast after Saudi Arabia listed its 35-year ban on cinemas.   USD/JPY and AUD/USD Forecast December 13, 2017 The US dollar had a volatile session against the Japanese yen during the trading session on Tuesday, and ended up forming a neutral candle. I think that the …   Have a nice trading! Share This:

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Australia become first rugby union to appoint female chief executive

“Rugby Australia has named Raelene Castle as its new chief executive – the first female boss of any of the major national unions in world rugby” writes Sports Staff for independent.co.uk. Castle previously held the post of chief executive of the Canterbury Bulldogs, a rugby league side based in Sydney, but stepped down from the position earlier this year. Source: independent.co.uk Share This:

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AUD Markets News 

NZ’s Fisher & Paykel sues Resmed in Australia over patent dispute

“(Reuters) – New Zealand’s Fisher & Paykel Healthcare filed a lawsuit in Australia on Tuesday against Resmed Inc alleging the medical device manufacturer’s respiratory treatment products violate four Fisher & Paykel patents” writes Midwest Communications Inc for 95kqds.com. Fisher & Paykel and California-based Resmed are engaged in patent disputes in several countries over medical devices used to treat respiratory conditions.Fisher & Paykel shares were about 1 percent lower after the announcement, in a lower overall market in New Zealand. Resmed’s Australia shares were down about 1 percent while the larger…

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