AUD News Reviews 

AUD Daily Review October 20, 2019

AUD Daily Review for October 20, 2019 Saudi Aramco reportedly delays what would be the biggest IPO in history Saudi Aramco delayed its scheduled mega-IPO, according to the Financial Times. The world’s largest oil company was poised to go public as soon as November…   AUD/JPY remains below Thursday’s high despite uptick in China’s Industrial Production AUD/JPY is struggling to gather upside traction and remains well below Thursday’s high of 74.40 despite the stronger-than-expected rebound in China’s   AUD/USD consolidates near 1-month tops, comfortably above 0.6800 handle The AUD/USD pair…

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AUD News Reviews 

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…

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AUD News Reviews 

AUD Daily Review October 16, 2019

AUD Daily Review for October 16, 2019 USD/JPY and AUD/USD Forecast October 16, 2019 For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…   AUD/JPY Fell After China Threatened Retaliation for US Hong Kong Bill AUD/JPY and NZD/USD fell after China threatened to retaliate against the US if Washington passes a bill that supports the protestors in Hong Kong and   AUD/USD technical analysis: Teasing flag breakdown on Sino-US tensions The AUD/USD pair is reporting losses for the third straight day, possibly due to the Sino-US political friction…

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AUD News Reviews 

AUD Daily Review October 15, 2019

AUD Daily Review for October 15, 2019 USD/JPY and AUD/USD Forecast October 15, 2019 For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…   AUD/USD Downtrend Held, Yen Up. US-China Trade Deal Optimism Faded The AUD/USD downtrend holds as US-China trade deal optimism fades, boosting the anti-risk Japanese Yen. After aggressive gains, the British Pound hit an obstacle on Brexit news.   AUD/USD keeping gains despite dismal China PPI data AUD/USD continues to trade in green even though the data released soon before press time showed China’s Producer…

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AUD News Reviews 

AUD Daily Review October 14, 2019

AUD Daily Review for October 14, 2019 AUD/USD Breaks Out of Monthly Opening Range on US-China Trade News AUD/USD may stage a larger correction as the US-China trade truce encourages the Reserve Bank of Australia (RBA) to implement a wait-and-see approach for monetary policy.   USD/JPY May Reverse as AUD/USD Follows Post US-China Trade Talks The anti-risk Japanese Yen may rise as the sentiment-linked Australian Dollar falls after markets seemed underwhelmed by US-China trade talks. USD/JPY stalled at resistance.   AUD/JPY: No reaction to uptick in China’s trade surplus A…

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AUD News Reviews 

AUD Daily Review October 13, 2019

AUD Daily Review for October 13, 2019 AUD/USD sits near weekly tops, challenging 0.6770-75 supply zone The AUD/USD pair traded with a mild positive bias for the second consecutive session on Friday and is currently placed near weekly tops, around the 0.   AUD/JPY: Pops decent pips through 73 the figure on Trump’s latest trade-talk comments AUD/JPY has popped on the confirmation from Trump, speaking at a campaign rally in Minneapolis, that trade talks are going well and that a dal should   AUD/USD bulls take a breather into the…

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AUD News Reviews 

AUD Daily Review October 10, 2019

AUD Daily Review for October 10, 2019 AUD, NZD Pop Higher On Report US Considering China Currency Pact News that some progress might be made in US/China trade talks boosted growth correlated currencies, as did reports that the US will allow some companies to supply Huawei.   AUD/USD technical analysis: Better bid, but breakout still elusive AUD/JPY is currently trading at 72.56, representing 0.40% gains on the day. The currency pair picked up a bid near 72.00 after the news of a potential   AUD/USD jumps 30 pips as US…

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AUD News Reviews 

AUD Daily Review October 9, 2019

AUD Daily Review for October 9, 2019 AUD/USD shuffling its feet near 0.7250 The AUD/USD was one of the least-exciting pairs of the G10 markets through Thursday’s trading sessions, settling into a barely 35-pip range heading in   Oil prices crash to their lowest level of 2018 despite Saudi Arabia’s proposed production cut Oil markets continued to drop Friday as persistent concerns about a glut in supply were exacerbated by weaker economic conditions.   Following Saudi Oil Attack, Aramco Pushes Ahead With IPO Plans and Restoring Oil Production Saudi Aramco…

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AUD News Reviews 

AUD Daily Review October 7, 2019

AUD Daily Review for October 7, 2019 AUD/USD: Traders sit tight in anticipation of trade talks We are closed in Sydney and China today, and meanwhile, AUD/USD is a touch soft in the open on Monday as we await trade talks to recommence this week.   AUD/USD Rate Rebound Rattled by Fears of Prolonged US-China Trade War Signs of a prolonged US-China trade war may continue to rattle the recent rebound in AUD/USD as it puts pressure on the RBA to further embark on its rate easing cycle.   AUD/USD…

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AUD News Reviews 

AUD Daily Review October 6, 2019

AUD Daily Review for October 6, 2019 Treasury political appointee may have tried to interfere in Trump audit: report An Internal Revenue Service official has filed a whistleblower complaint saying he was told at least one Treasury Department political appointee tried to…   AUD/USD: Better bid despite weak rebound in Aussie retail sales The already bid AUD/USD is extending gains on the back of an upbeat Aussie macro data released soon before press time. Consumer spending, as represent   Aussie retails sales miss expectations and Financial Stability Review arrives (AUD…

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