AUD News Reviews 

AUD Daily Review November 14, 2019

AUD Daily Review for November 14, 2019 When is the Aussie jobs report and how could it affect AUD/USD? Amid pessimism surrounding the US-China trade deal, AUD/USD traders will keep an eye over the Aussie jobs report.   AUD/JPY technical analysis: 100-day EMA, 61.8% Fibo. question further declines With the RSI returning to normal conditions, AUD/JPY bounces off 100-day EMA while trading around 74.40 during the initial Thursday morning in Asia.   AUD/USD, USD/CAD, EUR/USD Price Trend Outlook in Positioning The AUD/USD and EUR/USD downtrend may prolong as traders counterintuitively…

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AUD News 

Players’ mental health becoming major issue in cricket

“Robert Craddock, a long-time cricket analysist and television host in Australia, said cricket was facing a mental health crisis” writes The Associated Press for seattletimes.com. The mental health issue isn’t isolated or, seemingly, new in cricket.Senior England batsmen have left tours going back more than a decade because of mental health issues.The first test of the home summer starts in Brisbane next week and Australia has three players out of the selection frame because of mental health reasons. Source: seattletimes.com

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AUD News 

US-China trade deal doubts lifts yen, Aussie hits one-month low

“Against the euro, the yen was firm at 119.60 per euro, near one-month high touched the previous day” reports cnbc.com. The euro stood little changed at $1.10075, having touched one-month low of $1.0995 in U.S. trade while the dollar index stood not far from one-month high touched in the previous session.The yen firmed to 108.77 yen per dollar, having risen to as high as 108.66 in previous U.S. trade.Against the dollar, the franc stood at 0.9898 per dollar.The Australian dollar was down more than a half percentage point to a…

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AUD News Reviews 

AUD Daily Review November 13, 2019

AUD Daily Review for November 13, 2019 AUD/USD nears 2-week low amid US-China trade jitters, eyes on second-tier Aussie data With no clarity over the trade US-China trade deal, the AUD/USD pair remains under pressure for the fourth consecutive day.   AUD/JPY Technical Analysis: Break of 4H 100MA favors further declines Having slipped below 4H 100MA, AUD/JPY trades around the current month low, near 74.40, while heading into the European session on Wednesday.   AUD/USD Technical Analysis: Multi-week-old support trendline in focus after Aussie data In a reaction to the…

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AUD News 

Australia wage weakness, dour sentiment signal need for more stimulus

“Annual wage growth, at 2.2%, slowed from 2.3% last quarter, when economists had expected it to hold steady” writes Midwest Communications Inc for 95kqds.com. RBA Governor Philip Lowe has repeatedly said wage growth of “3 point something” was needed to spark any inflation pressure.”Wage growth remains one of the key challenges for the Australian economy,” said Callam Pickering, economist at global job site Indeed.The data may, however, embarrass Australia’s conservative government, which had predicted wage growth of 2.75% for the financial year ending June 2020 and 3.25% the following year.SYDNEY…

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AUD News Reviews 

AUD Daily Review November 12, 2019

AUD Daily Review for November 12, 2019 AUD/JPY Technical Analysis: Choppy between 21/200-day SMA Following its failure to stay strong beyond 50% Fibonacci retracement of April-August downside, AUD/JPY drops towards 21-day SMA.   AUD/USD clings to 100-day SMA amid few fresh catalysts, eyes of Aussie NAB data Although AUD/USD has been under pressure for the last two days, mainly due to the trade/political tension, the quote stays above 100-day SMA.   AUD/USD downed to nine-day lows near 0.6935, eyes on trade, Trump The AUD/USD pair enjoyed good two-way businesses so…

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AUD News 

Australian firefighters left a heartwarming note apologizing for drinking a man’s milk after they saved his home from devastating wildfires

“The handwritten note, posted to Facebook by Paul Sefky, the house’s owner, said: “It was a pleasure to save your house” writes Sahar Esfandiari for businessinsider.com. “The heroes are the firies [firefighters] who saved my house and themselves in a firestorm,” he told Business Insider.The Urunga RFS are the fire service in New South Wales, Australia that were responsible for the rescue mission of the house. Source: businessinsider.com

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AUD News Reviews 

AUD Daily Review November 11, 2019

AUD Daily Review for November 11, 2019 AUD/USD: Sellers cheer a lack of clarity over US-China trade relations, USD strength With a lack of clear direction concerning the trade relations between the US and China, AUD/USD remains under pressure while taking rounds to 0.6860.   AUD/USD Analysis: Monthly Opening Range Casts Bearish Outlook The monthly opening range brings the downside targets on the radar for AUD/USD as the exchange rate pullbacks ahead of the October-high (0.6930).   AUD/USD testing weekly lows near 0.6850 amid trade deal uncertainty The AUD/USD pair…

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AUD News 

Australia Is Looking to Grill Libra Even Harder

“Financial regulators in Australia are looking to put more pressure on Libra” writes Nick Marinoff for livebitcoinnews.com. The Australian regulators in question cite a very “poor” meeting that occurred between them and representatives of Libra back in October.After all, it’s not like Facebook had been responsible with separate financial data in the past. Source: livebitcoinnews.com

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AUD News Reviews 

AUD Daily Review November 10, 2019

AUD Daily Review for November 10, 2019 US Dollar Price Volatility Report: USD/JPY, AUD/USD, USD/CAD USD/JPY, USD/CAD and AUD/USD price action comes into focus for Friday’s trading session with US consumer sentiment data, a Canadian jobs report and US-China trade headlines expected to stir volatil…   AUD/USD keeps losses after above-forecast China data A better-than-expected China trade balance is struggling to put a bid under the Aussie Dollar – a G-7 proxy for China. The nation’s trade balance wide   AUD/USD technical analysis: Choppy price action of late – price…

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