Will the Reserve Bank of Australia (RBA) cut interest rates to a fresh record low of just 1.50%? At the central bank's monetary policy decision tomorrow for August, the odds are in favor 2/3 for the central bank to do just that. In an era of low interest rates, this is still one of the highest…
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Read moreIn Swissquote’s Thursday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for GBP/USD and AUD/USD. To view and download the entire report, click here (PDF). GBP/USD: Pausing near the support at 1.6162 • GBP/USD continues to retrace the rebound that…
Read moreThe Aussie dollar hit 6 month lows under 0.90 after the US Federal Reserve meeting where officials raised their forecast for the key interest rate. But perhaps more important for AUD were policy developments in China where we believe many in the market got the story wrong. Domestic events took a back seat for AUD…
Read moreWill the AUD stay at the 90 - 91 cent mark over next week after dropping this week?
Read moreIn Swissquote’s Wednesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for GBP/USD and AUD/USD. To view and download the entire report, click here (PDF). GBP/USD: Trying to bounce • GBP/USD is trying to bounce from its oversold decline. Hourly…
Read moreAUD to struggle to break through the 94 cent mark? Sean Callow, Senior Currency Strategist of Westpac gives us the Aussie dollar's latest forecast
Read moreIn Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and AUD/USD. To view and download the entire report, click here (PDF). USD/JPY: Pushing higher towards the strong resistance at 105.44 • USD/JPY is making new highs, opening the way…
Read moreAussie at 3 week highs, which way is it heading next?
Read moreIn Swissquote’s Wednesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and AUD/USD. To view and download the entire report, click here (PDF). USD/JPY: Digesting its recent rise • USD/JPY has failed to hold above the key resistance at 104.13, suggesting…
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