Tag - aud - australian dollar

Investors are weighing in the potential of the second wave of the virus hit, the movement across the Forex market is relatively cautious.

NFP will be released at 15.30 MT time. What is the forecast?

The market is submerged into an overall risk-off mood, with the AUD getting strong on recovering China and the GBP boosted by the BOE announcements, while the USD and the EUR are weak.

AUD/NZD formed a “shooting star” candlestick on the W1. The pair ran into the resistance line from the 2018 highs and failed to close above the 200-week MA at 1.0650.

The Fed and the ECB planning to expand the economic stimulus package make the USD and the EUR lose value. 

Watch the video to find out how to trade the USD!

Since the middle of March, the AUD has been getting stronger. Will that go far?

The market starts the week with risky appetites: the AUD and the NZD rise, in line with the GBP/USD and the EUR/USD.

GBP/AUD has breached the support line from August 2019. What is happening at the chart looks like a pretty big change.

The Australian dollar's price performance against the USD and JPY offers an interesting chart formation. Where does it go?

Brent followed the case of WTI, although not into the negative zone (yet); the AUD and the NZD are marching upwards across the board, the USD stays relatively strong.

Goldman Sachs sees the AUD/NZD pair as a buy. Why?