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AUD Daily Review October 17, 2019

AUD Daily Review for October 17, 2019

Australian Dollar Outlook: Will AUD/JPY Retreat From Resistance?

AUD/JPY has launched yet another attempt to breach multi-month downward trend resistance after failing to break above it in September. Will two consecutive defeats precede a reversal lower?


AUD/USD Breakout Higher in Focus as Australian Unemployment Drops

The AUD/USD is attempting to break above key resistance again after Australian unemployment unexpectedly dropped. Aussie follow-through may have to wait for China 3Q GDP.


AUD/USD technical analysis: Sticks to upbeat Aussie jobs data-led strong gains

The AUD/USD pair got a strong boost during the Asian session on Thursday and rallied back closer to the 0.6800 handle in reaction an unexpected downti


Australian bond yields rise on upbeat Aussie labor data

Australian government bond prices fell, pushing the yields higher after the official data released at 00:30 GMT showed the seasonally adjusted Unemplo


AUD/USD jumps 30 pips as Australia’s jobless rate drops to 5.2%

The bid tone around the AUD strengthened, pushing the AUD/USD pair higher from 0.6759 to 0.6783 after the Australian data showed a surprise drop in th


AUD/JPY buyers cheer surprise decline in AU unemployment rate

With a surprise decline in headlines AU unemployment rate pleasing the Australia Dollar (AUD) buyers, AUD/JPY surges to 73.73 during early Thursday.


Australian Unemployment rate 0.1% lower and AUD rallies some 30 pips

Markets are looking for the Reserve Bank of Australia to cut again, potentially as soon as next month, so today’s labour force survey for September wi


AUD/USD hits 4-week tops, around 0.6830 level

The AUD/USD pair built on its goodish intraday positive move and jumped to four-week tops, around the 0.6830 region in the last hour. The pair added t


AUD/USD consolidates strong gains, heads for the highest close in a month

The AUD/USD pair finally broke decisively above 0.6800 on the back of a slide of the US Dollar across the board. It peaked at the beginning of the Ame


USD/JPY and AUD/USD Forecast October 18, 2019

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