AUD News 

Croatia’s dream World Cup run ignites diaspora in Australia

“You’ve got to understand how huge this is,” said Veljko Bosnic, president of the Dalmacija Sydney Croatian Club in Australia, home to one of the largest ex-pat Croatian communities in the world outside of Europe” writes Midwest Communications Inc for 95kqds.com. “To win would be a dream come true for our small country, plus for Croatians around the world. Source: 95kqds.com Share This:

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AUD News Reviews 

AUD Daily Review July 12, 2018

AUD Daily Review for July 12, 2018 AUD/USD: Markets favor OMT puts amid trade war fears The AUD/USD one month 25 delta risk reversals (AUD1MRR) have dropped to -0.95 today vs -0.73 on July 9. The rise in the implied volatility premium f   Asian Stocks Rise on Trade War Pause, AUD/USD Eyes US CPI Next Hints that US and China could be heading for trade negotiations next helped send Asian benchmark indexes higher. AUD/USD eyes a potential US CPI beat   Forex Today: AUD/JPY – a big move in…

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AUD News 

ASIC Slaps Commonwealth Bank of Australia With $20 Million Fine

“According to the statement, the multinational bank has entered into a court enforceable undertaking with ASIC, due to Federal Court proceedings that were launched by the regulator in January” reports financemagnates.com. In the proceedings, the Australian bank admitted to the Federal Court in Melbourne that it tried to affect where the BBSW set on five separate occasions between January 31, 2012, and June 15, in 2012. Source: financemagnates.com Share This:

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AUD News Reviews 

AUD Daily Review July 11, 2018

AUD Daily Review for July 11, 2018 AUD/JPY Review: Aussie stumbling back to 82.00 on trade war fears The AUD/JPY is falling back amidst a resurgence in trade war fears following headlines that the US is likely to be announcing further tariffs on Chine   AUD/USD loses sight of 0.75 as trade fears return The AUD/USD is sharply lower heading into Wednesday’s Asia trading session, knocking back into 0.7425 on the back of headlines that the US is again ra   AUD/USD Review: Pair grinding into 0.74 as trade tensions…

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AUD News 

Australia prepares to ban Huawei from 5G project over security fears

“Although Australia’s intelligence agencies are unwavering in their advice, Turnbull has yet to formally sign off on the Huawei ban” writes Midwest Communications Inc for 95kqds.com. But Australian intelligence agencies have told lawmakers that oversight will not allay their concerns, two political sources who have been briefed on the matter told Reuters.In 2012, Australia banned Huawei from supplying equipment to the country’s National Broadband Network, which has been hampered by technological failures. Source: 95kqds.com Share This:

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AUD Markets News 

Yen gains, Aussie hit as US announces $200 billion China tariff list

“The dollar dropped to 110.85 yen in early Asian trade from around 111.25 yen in late U.S. trade” writes unknown author for cnbc.com. U.S. Trade Representative Robert Lighthizer said the United States would impose tariffs of 10 percent on additional Chinese imports worth $200 billion, just days after its tariffs on $34 billion Chinese goods took effect.The news, first reported by Bloomberg in early Asian trade when the currency market’s liquidity falls to the lowest levels of the day, prompted knee-jerk selling of riskier assets against less vulnerable currencies.Administration officials…

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AUD News Reviews 

AUD Daily Review July 10, 2018

AUD Daily Review for July 10, 2018 AUD/USD Stages Larger Rebound While Retail Shorts Jump 32% AUD/USD appears to be on the cusp of a larger recovery as the exchange rate breaks out of its recent range and carves a fresh   AUD/USD looking to reclaim 0.75 as bullish tone solidifies The AUD/USD is trading near 0.7460 heading through the overnight session after lifting to a high of 0.7483 on Monday. The Aussie appears to be running   AUD/USD Technical Levels: Potential double top bearish reversal on hourly chart Hourly…

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AUD News Reviews 

AUD Daily Review July 9, 2018

AUD Daily Review for July 9, 2018 AUD/USD to remain caught in the cross-fire of US trade policy – ANZ Analysts at Australia and New Zealand Bank (ANZ) offered their view on the AUD/USD pair for the coming week, in its FX strategy report. Key Quotes:   AUD/JPY catching some lift as the Aussie rides copper prices higher The AUD/JPY is rising in Monday’s Asia trading, grinding towards a new four-week high and clipping into 82.40. The Aussie is working its way towards   AUD/USD on the rise as copper…

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AUD News Reviews 

AUD Daily Review July 8, 2018

AUD Daily Review for July 8, 2018 AUD/USD continues to flub the 0.74 barrier, further downside looking likely The AUD/USD is continuing to trade just beneath the 0.7400 handle as the Aussie remains clipped by a lack of bullish data. The Australian AiG Perform   AUD/USD: long-term 61.8% Fib support come could into play if trade wars escalate The US-China trade war is close to becoming a reality and hence the probability of Aussie dollar losing the long-term support of 0.7327 (61.8 percent   AUD/JPY Technical Analysis: Upside break of…

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AUD Crypto News Platforms 

IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security

“IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5” reports cointelegraph.com. The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs. IBM for its part has been steadily expanding its involvement in blockchain across diverse fields, with its Blockchain Platform successfully used just this week to power the first live operations in a major…

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