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AUD Daily Review November 6, 2018

AUD Daily Review for November 6, 2018

AUD/JPY: plenty of key risks ahead while price threatens topside breakout

The cross acts as the FX-space’s risk barometer and has been better bid for a number of sessions with the cross picking up the positive tones and reco


AUD/USD Prices Shrug Off RBA, US Elections May Cause Reversal

AUD/USD gained slightly as the Reserve Bank of Australia kept the OCR at 1.50%, but upside follow-through may be threatened by rate differentials and US


AUD/USD Rate Rebound Vulnerable to Wait-and-See RBA Policy

The Reserve Bank of Australia (RBA) rate decision may rattle the rebound in AUD/USD as the central bank is expected to keep the official cash


GBP Rallies on Brexit Headlines, AUD/USD Price May Look Past RBA

The British Pound resumed its advance on latest Brexit headlines as the US Dollar pulled back ahead of the 2018 US midterms. The Australian Dollar


AUD/JPY Technical Analysis: Testing 81.80, looking for a push higher

AUD/JPY M15 Looking further out, the Aussie-Yen pairing has seen steady gains from recent lows near 78.50 in late October, and the AUD/JPY has bo


Aussie, NZD to stick to recent ranges near-term as headwinds persist – Reuters poll

According to the latest Reuters poll, a majority of the forex exchange analysts trimmed their forecasts for the Aussie and NZ dollar in the coming 6 m


AUD/USD: no response to the status quo RBA policy

The AUD/USD barely moved after the Reserve Bank of Australia (RBA) held interest rates unchanged at 1.5 percent for the 26th straight month. Despite


AUD/USD: commodities bleeding, weighing on the outlook, watch US election result for possible dollar upside

In a speech made at an expo that was designed to demonstrate goodwill amid mounting frictions with the U.S. and others, Xi largely echoed previous pro


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