Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected

Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected

Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected The Australian Dollar is advancing on Wednesday after a government report showed China’s economy grew more than expected. The Aussie is benefitting because it often acts as a proxy for the Chinese economy. The news helped reverse some of […]

Australian Dollar: USD/AUD (AUD=X) strength could extend to 0.7210

Australian Dollar: USD/AUD (AUD=X) strength could extend to 0.7210

Australian Dollar: USD/AUD (AUD=X) strength could extend to 0.7210 We highlighted last Thursday (11 Apr, spot at 0.7170) that a “break of 0.7190 would suggest AUD is ready to tackle the Feb’s peak of 0.7210”. AUD opened on a weak note on Friday (12 Apr) before staging a robust rally that hit a high of […]

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish The Australian dollar did very little during the day on Monday, but that’s not a huge surprise considering how bullish the move on Friday was. Overall, the market continues to look bullish in general, but we should also keep in mind that there are external factors […]

Australian Dollar: USD/AUD (AUD=X) markets will be keeping a close eye on the RBA minutes

Australian Dollar: USD/AUD (AUD=X) markets will be keeping a close eye on the RBA minutes

Australian Dollar: USD/AUD (AUD=X) markets will be keeping a close eye on the RBA minutes AUD/USD showed volatility and gained about 1.0% last week. The markets will be keeping a close eye on the RBA minutes, Australian employment data and Chinese GDP. Here is an outlook for the highlights of this week and an updated technical analysis for […]

Australian Dollar: USD/AUD (AUD=X) drifting higher

Australian Dollar: USD/AUD (AUD=X) drifting higher

Australian Dollar: USD/AUD (AUD=X) drifting higher The Australian dollar rose against most major currency pairs on Monday, helped by firmer commodity prices and broad based US dollar weakness. After finishing last week at .7105, the AUD/USD rose to as high as .7131 during the session before eventually closing at .7126. Modest gains were also seen […]

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless

Australian Dollar: USD/AUD (AUD=X) remains range-bound, dull and directionless Not even the release of US non-farm payrolls data for March could wake the Aussie dollar from its slumber on Friday, initially rising in the wake of the report before giving back ground towards the close. “March US payrolls growth beat expectations, but market reaction was […]

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound

Australian Dollar: USD/AUD (AUD=X) likely to continue to trade rangebound Friday’s close fell inside a 50% level at .7079 and a resistance zone at .7150 to .7153. Trader reaction to these levels will set the tone for the week. Trading inside .7079 to .7153 will indicate a neutral market. The AUD/USD is likely to continue […]

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower

Australian Dollar: USD/AUD (AUD=X) may drift a little bit lower The Australian dollar broke down a bit slightly during the trading session on Thursday, but quite frankly we are in a reasonable range to follow, so at this point we may drift a little bit lower but it should end up being a buying opportunity for […]

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy

Australian Dollar: USD/AUD (AUD=X) Reserve Bank turns ‘dovish’ on economy It was buying 70.69 US cents at 7:15am (AEDT), a significant drop from yesterday’s 71.11 US cents. The dollar also experienced steep falls to 53.83 British pence (-0.6 pc), 63.09 euro cents (-0.5 pc), and 78.72 Japanese yen (-0.6pc). Currency traders sold the Australian dollar […]

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair The Australian dollar fell significantly during the trading session on Tuesday, as we continue to reach down towards the 0.7050 level. Underneath there, the 0.70 level is the beginning of massive support that should continue to have a major influence on […]

Australian Dollar: USD/AUD (AUD=X) massive amount of support below at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) massive amount of support below at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) massive amount of support below at the 0.70 level The Australian dollar gapped higher at the open on Monday, breaking above the 50 day EMA in the process. Over the longer-term, we continue to see buyers in this market on short-term pullbacks, as there is a massive amount of support below at […]

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy

Australian Dollar: USD/AUD (AUD=X) RBA will be under pressure to indicate a similar shift in monetary policy The Australian and New Zealand Dollars finished mixed last week with the Aussie clawing back from early weakness and the Kiwi closing off its lows after a dovish signal from the Reserve Bank of New Zealand (RBNZ) fueled […]

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar

Australian Dollar: USD/AUD (AUD=X) plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar The Australian Dollar is trading slightly higher on Thursday after plunging the previous session in reaction to the steep sell-off in the New Zealand Dollar. Sellers hit the Kiwi hard after the Reserve Bank of New […]

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level

Australian Dollar: USD/AUD (AUD=X) plenty of support at the 0.70 level The Australian dollar rolled over just a bit during the beginning of the Wednesday session, breaking through the 50 day EMA. Looking at the Australian dollar, we can see that there is plenty of support at the 0.70 level, an area that continues to be […]

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support The Australian dollar has rallied slightly during the trading session on Tuesday as we are now above the 50 day EMA. However, we have broken above that EMA more than once so I don’t think of this as a major event. This simply shows that we […]

Australian Dollar: USD/AUD (AUD=X) market looks set to continue to rally

Australian Dollar: USD/AUD (AUD=X) market looks set to continue to rally

Australian Dollar: USD/AUD (AUD=X) market looks set to continue to rally The Australian dollar has initially pulled back on Monday but found enough buying pressure underneath the turn things around and rally significantly. By doing so, the market looks as if it continues to see the same attitude overall, simply buying dips as they occur. That […]

Australian Dollar: USD/AUD (AUD=X) showing signs of weakness

Australian Dollar: USD/AUD (AUD=X) showing signs of weakness

Australian Dollar: USD/AUD (AUD=X) showing signs of weakness The Australian dollar initially rallied during the trading session on Thursday, showing signs of bullish pressure. However, we still have a lot of drama when it comes to the US/China situation, and therefore it’s likely that this pair will struggle as the Australian dollar will continue to be […]

F1: Ferrari (NYSE:RACE) Australia Did Not Represent Our “Real Potential”

F1: Ferrari (NYSE:RACE) Australia Did Not Represent Our “Real Potential”

$RACE Ferrari (NYSE:RACE) were the favorites as they headed to the F1 season opener in Australia after dominating pre-season testing. But in the end they didn’t make the podium, let alone trouble the top step.  The Big Q: Was talk of a genuine title tilt premature? The Big A: Ferrari boss Mattia Binotto does not […]

Australian Dollar: USD/AUD (AUD=X) Job vacancies fall

Australian Dollar: USD/AUD (AUD=X) Job vacancies fall

Australian Dollar: USD/AUD (AUD=X) Job vacancies fall Australia’s Westpac leading index came in flat in February, falling from an upwardly-revised +0.1% reading in January, despite firmer commodity prices. In addition, skilled vacancies in February fell 0.9% m/m, escalating January’s revised 0.5% decline. The Australian jobs markets has been one of the more robust parts of […]

Australian Dollar: USD/AUD (AUD=X) housing data disappointed Aussie buyers

Australian Dollar: USD/AUD (AUD=X) housing data disappointed Aussie buyers

Australian Dollar: USD/AUD (AUD=X) housing data disappointed Aussie buyers RBA’s pessimism and soft housing market data couldn’t disappoint Aussie buyers as risk sentiment remains strong. 0.7130/35 comprising 50-day SMA acts as immediate resistance contrast to 0.7050 support. The Australian Dollar (AUD) is taking the bids around 0.7100 versus the US Dollar (USD) during early Tuesday. […]

F1: Ferrari (NYSE:RACE),What Went Wrong in Australia?

F1: Ferrari (NYSE:RACE),What Went Wrong in Australia?

$RACE Ferrari’s (NYSE:RACE) deficit to MercedesAMG was a big surprise at the Australian Grand Prix weekend, particularly given that The Scuderia ended F1’s 2 weeks of pre-season testing at Barcelona as the clear early favorite. Down under, 4X champion Sebastian Vettel qualified 3rd, but was more than 7/10’s slower than MercedesAMG’s Polesitter Lewis Hamilton, and […]

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight

Australian Dollar: USD/AUD (AUD=X) Fed Decisions Put Aussie in Spotlight The Australian and New Zealand Dollars finished higher last week on relatively low volatility. In the absence of major economic releases and central bank activity, traders had to rely on outside influences such as Brexit, U.S.-China trade relations and Chinese stimulus measures. Mixed U.S. economic […]

Lucapa finds 4th +50 carat Diamond at Mothae Mine

Lucapa finds 4th +50 carat Diamond at Mothae Mine

FLASH: Australia’s Lucapa Diamond (ASX:LOM) has recovered an 83.9 carat diamond from its recently commissioned Mothae mine in Lesotho, Africa. The stone is the 4th diamond over 50 carats the company has recovered to date at its 70%-owned Mothae operation. While the find was not gem-quality, Lucapa says it continues to underline the large-stone nature of the […]

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week

Australian Dollar: USD/AUD (AUD=X) bias remains neutral this week AUD/USD stayed in consolidation above 0.7003 last week and outlook is unchanged. Initial bias remains neutral this week first. In case of another recovery, upside should be limited by 0.7121 minor resistance to bring fall resumption. On the downside, break of 0.7003 will resume the fall […]

F1: Ferrari’s (NYSE:RACE) Vettel Names New Racer ‘Lina’

F1: Ferrari’s (NYSE:RACE) Vettel Names New Racer ‘Lina’

$RACE FLASH: Seb has named his new Ferrari F1 car Lina ahead of the Y2019 season. Since making his debut in Y 2008, Vettel has given each of his F1 cars a girl’s name and, despite moving from Toro Rosso to Red Bull Racing to Ferrari, has continued the tradition. The name is usually decided […]

Growth and interest rate differentials to weigh on Australian Dollar: USD/AUD (AUD=X) in time

Growth and interest rate differentials to weigh on Australian Dollar: USD/AUD (AUD=X) in time

Growth and interest rate differentials to weigh on Australian Dollar: USD/AUD (AUD=X) in time It has been an eventful month for the Australian economy, with GDP and other key data surprising to the downside, and interest rate expectations shifting. Regardless, at USD0.7094, the Australian dollar is unchanged from USD0.7093 when our February Market Outlook went […]

Australian Dollar: USD/AUD (AUD=X) continue to hover over a major support level

Australian Dollar: USD/AUD (AUD=X) continue to hover over a major support level

Australian Dollar: USD/AUD (AUD=X) continue to hover over a major support level The Australian dollar has pulled back just a bit during the trading session on Wednesday, as we continue to hover above the crucial 0.70 level, an area that extends all the way down to the 0.68 level on the monthly chart as a major […]

Ferrari’s (NYSE:RACE) F8 Tributo in its 1st Official Videos

Ferrari’s (NYSE:RACE) F8 Tributo in its 1st Official Videos

$RACE These videos are terrific, see all 3 for the full Ferrari (NYSE:RACE) impact. The Ferrari 458 Italia has played a core role for the iconic Italian brand since its debut in Y 2009 and has been in continuous states of improvement for 10 years. It has evolved through numerous stages and earned a new […]

F1: Ferrari (NYSE:RACE) Debuts New Livery Sans MW Branding at Melbourne

F1: Ferrari (NYSE:RACE) Debuts New Livery Sans MW Branding at Melbourne

$RACE Ferrari’s (NYSE:RACE) new SF90 F1 racer made its debut in pre-season testing with extensive branding for Mission Winnow, an initiative by title sponsor Philip Morris. But news had broken during the off-season that Australian authorities were investigating whether Mission Winnow complied with tobacco advertising laws, and Ferrari subsequently confirmed its cars would not carry Mission […]

Australian Dollar: USD/AUD (AUD=X) market now looking ahead to consumer confidence snapshot

Australian Dollar: USD/AUD (AUD=X) market now looking ahead to consumer confidence snapshot

Australian Dollar: USD/AUD (AUD=X) market now looking ahead to consumer confidence snapshot The Australian Dollar slipped on Tuesday following yet more weak economic data, headlined by weaker business confidence. The index for that from National Australia Bank came in at 2 for February, below January’s 4. It was also the lowest print since the start […]

F1: Ferrari’s (NYSE:RACE) Vettel’s Time to Perform is Here

F1: Ferrari’s (NYSE:RACE) Vettel’s Time to Perform is Here

$RACE After falling down under team management pressure in the past 2 seasons, this now Ferrari’s (NYSE:RACE) Sebastian Vettel’s, 31 anni, chance to show he can deliver a long-awaited F1 title for The Scuderia. He is motivated by the Schumacher legacy and that the young and ambitious Charles Leclerc, 21 anni, touted as F1’s next […]

Australian Dollar: USD/AUD (AUD=X) gains are likely to be limited over the near-term

Australian Dollar: USD/AUD (AUD=X) gains are likely to be limited over the near-term

Australian Dollar: USD/AUD (AUD=X) gains are likely to be limited over the near-term The Australian Dollar is trading lower on Monday. There has been to follow-through to the upside following Friday’s potentially bullish closing price reversal bottom. Friday’s volatile price action was fueled by short-covering related to the mixed U.S. Non-Farm Payrolls report. We could […]

Australian Dollar: USD/AUD (AUD=X) stays above key 70 level, but barely

Australian Dollar: USD/AUD (AUD=X) stays above key 70 level, but barely

Australian Dollar: USD/AUD (AUD=X) stays above key 70 level, but barely The Australian dollar had an uneventful week, as AUD/USD continues to hover just above the round number of 70. There are only three events in the upcoming week.Here is an outlook for the highlights of this week and an updated technical analysis for AUD/USD. The RBA […]

Australian Dollar: USD/AUD (AUD=X) market now sees 100% chance of RBA rate cut in 2019

Australian Dollar: USD/AUD (AUD=X) market now sees 100% chance of RBA rate cut in 2019

Australian Dollar: USD/AUD (AUD=X) market now sees 100% chance of RBA rate cut in 2019 The Australian Dollar recovered off earlier lows Thursday after official data revealed a sharp increase in the January trade surplus, which offered support to the Aussie even after other figures showed household spending growth was underwhelming early in the New […]

Australian Dollar: USD/AUD (AUD=X) remains tilted to the downside as the flash-crash rebound stalls

Australian Dollar: USD/AUD (AUD=X) remains tilted to the downside as the flash-crash rebound stalls

Australian Dollar: USD/AUD (AUD=X) remains tilted to the downside as the flash-crash rebound stalls Australia’s Gross Domestic Product (GDP) report may produce a bearish reaction in AUD/USD as the growth rate is expected to increase 2.6% after expanding 2.8% per annum during the three-months through September. Evidence of a slowing economy may push the Reserve Bank […]

The Reserve Bank of Australia (RBA) meeting may keep Australian Dollar: USD/AUD (AUD=X) under pressure

The Reserve Bank of Australia (RBA) meeting may keep Australian Dollar: USD/AUD (AUD=X) under pressure

The Reserve Bank of Australia (RBA) meeting may keep Australian Dollar: USD/AUD (AUD=X) under pressure Recent comments from Governor Philip Lowe suggest the RBA will adopt a more dovish tone in 2019 as ‘available data suggest that the underlying trend in consumption is softer than it earlier looked to be,’ and the central bank may show a greater […]

Australian Dollar: USD/AUD (AUD=X) traders will looking for comments on the direction of interest rates

Australian Dollar: USD/AUD (AUD=X) traders will looking for comments on the direction of interest rates

Australian Dollar: USD/AUD (AUD=X) traders will looking for comments on the direction of interest rates The Australian and New Zealand Dollars finished sharply lower last week. The selling pressure was driven by a sharp rise in U.S. Treasury yields and weaker-than-expected domestic data. Comments were mixed over U.S.-China trade relations. Fed Chairman Jerome Powell reiterated […]

Australian Dollar: USD/AUD (AUD=X) to be determined by trader reaction to the main 50% level at .7079

Australian Dollar: USD/AUD (AUD=X) to be determined by trader reaction to the main 50% level at .7079

Australian Dollar: USD/AUD (AUD=X) to be determined by trader reaction to the main 50% level at .7079 The Australian Dollar finished lower last week, pressured by a surge in U.S. Treasury yields. However, losses were dampened by the hope of a trade deal between the United States and China. Better-than-expected U.S. Gross Domestic Product data […]

F1: Ferrari Half a Sec Ahead of MercedesAMG as Pre-season Testing Ends

F1: Ferrari Half a Sec Ahead of MercedesAMG as Pre-season Testing Ends

$RACE Ferrari’s (NYSE:RACE) Sebastian Vettel wrapped up F1’s pre-season testing with the fastest lap for Ferrari on Friday but MercdesAMG’s Lewis Hamilton kept the Silver Arrow on the pace despite Ferrari’s half sec advantage. With teams packing up and heading home before the opening race in Australia on 17 March the evidence from 8 days […]

Australian Dollar: USD/AUD (AUD=X) has sold off sharply

Australian Dollar: USD/AUD (AUD=X) has sold off sharply

Australian Dollar: USD/AUD (AUD=X) has sold off sharply A new report from three major financial institutions is suggesting that the Aussie economy could have more headwinds ahead, led by significant job losses. The reports from AMP, KPMG and UBS all point to major job losses in both the retail sector and construction. The reports point […]

Australian Dollar: USD/AUD (AUD=X) support near the 0.7050 level

Australian Dollar: USD/AUD (AUD=X) support near the 0.7050 level

Australian Dollar: USD/AUD (AUD=X) support near the 0.7050 level The Australian dollar has pulled back a bit during the trading session on Wednesday, testing the 50 day EMA. Quite frankly, if we can break down below the hammers from the previous two sessions, we could break down a bit further, something that I’m actually hoping to […]

Australian Dollar: USD/AUD (AUD=X) slips and risk markets soften as rally from Trump’s truce fades

Australian Dollar: USD/AUD (AUD=X) slips and risk markets soften as rally from Trump’s truce fades

Australian Dollar: USD/AUD (AUD=X) slips and risk markets soften as rally from Trump’s truce fades The Australian Dollar slipped from recent highs Tuesday as risk-assets softened in the wake of a strong run at the beginning of the new week and as markets renew their focus on domestic drivers of the currency.   Construction output figures […]

Australian Dollar: USD/AUD (AUD=X) extends the rebound

Australian Dollar: USD/AUD (AUD=X) extends the rebound

Australian Dollar: USD/AUD (AUD=X) extends the rebound AUD/USD extends the rebound from late last week as the U.S. and China, Australia’s largest trading partner, appear to be on track to reach a trade deal, but the exchange rate may face range-bound conditions ahead of the next Reserve Bank of Australia (RBA) meeting on March 5 as […]

Australian Dollar: USD/AUD (AUD=X) Tumbles as Westpac Calls for Two Rate Cuts

Australian Dollar: USD/AUD (AUD=X) Tumbles as Westpac Calls for Two Rate Cuts

Australian Dollar: USD/AUD (AUD=X) Tumbles as Westpac Calls for Two Rate Cuts The week started with the minutes of the Reserve Bank of Australia Monetary Policy meeting showing that the central bank saw “significant uncertainties” in the economy as property values took a nosedive. This opened the door to future rate cuts. Earlier in the […]

Australian Dollar: USD/AUD (AUD=X) struggles going forward

Australian Dollar: USD/AUD (AUD=X) struggles going forward

Australian Dollar: USD/AUD (AUD=X) struggles going forward The Australian dollar initially tried to rally during the trading session on Thursday, but then rolled over at the 0.72 handle. By doing so, it looks very likely that we are going to continue to see struggles going forward, as the market has seen this area be the beginning […]

Australian Dollar: USD/AUD (AUD=X) significant support at the 0.7050

Australian Dollar: USD/AUD (AUD=X) significant support at the 0.7050

Australian Dollar: USD/AUD (AUD=X) significant support at the 0.7050 The Australian dollar has pulled back a bit during the trading session on Tuesday, reaching down towards the 0.71 handle. At this point, there is significant support at the 0.7050 level that extends down to at least the 0.70 level. On the monthly chart, I see massive […]

Australian Dollar: USD/AUD (AUD=X) rates stabilized near previous support in the 0.7050 area

Australian Dollar: USD/AUD (AUD=X) rates stabilized near previous support in the 0.7050 area

Australian Dollar: USD/AUD (AUD=X) rates stabilized near previous support in the 0.7050 area AUD/USD is one of the best pairs to watch to gauge sentiment toward global trade. After a swooning on dovish RBA comments earlier this month, rates stabilized near previous support in the 0.7050 area. The pair has rallied 100 pips since then, and […]

Australian Dollar: USD/AUD (AUD=X) fresh risk appetite on optimistic tone from trade talks

Australian Dollar: USD/AUD (AUD=X) fresh risk appetite on optimistic tone from trade talks

Australian Dollar: USD/AUD (AUD=X) fresh risk appetite on optimistic tone from trade talks The Aussie extends recovery off 0.7054 base, boosted by fresh risk appetite on optimistic tone from trade talks. Fresh extension higher cracked 0.7146 (Fibo 38.2% of 0.7295/0.7054) the lower boundary of strong resistance zone between 0.7146 and 0.7162 (consisting of Fibo barrier […]

Australian Dollar: USD/AUD (AUD=X) investors will be keeping a close eye on the RBA minutes and employment data

Australian Dollar: USD/AUD (AUD=X) investors will be keeping a close eye on the RBA minutes and employment data

Australian Dollar: USD/AUD (AUD=X) investors will be keeping a close eye on the RBA minutes and employment data The Australian dollar made considerable gains last week, after suffering sharp losses a week earlier. In the upcoming week, investors will be keeping a close eye on the RBA minutes and employment data. Here is an outlook for the highlights […]

What is Wrong with Politics in Australia?

What is Wrong with Politics in Australia?

Australian Politics at some point took a bizarre turn, no longer are matters relevant to the majority of Australians a front line issue. The key issues in Australia seem to be Refugees, Foreign Aid and any minority that can capture the left wing media’s attention. There have been major disasters in Australia, floods, droughts, the […]

Retreat and Recharge

Retreat and Recharge

We all need to take some time to relax in this high powered world. Retreats are a fantastic way to do this, as they get us away from the things that tend to make one feel SAD, anxious or overwhelmed every day, and get you into a place full of serenity. Here are some retreats […]

Australian Dollar: USD/AUD (AUD=X) lifted by fresh hopes of U.S.-China breakthrough

Australian Dollar: USD/AUD (AUD=X) lifted by fresh hopes of U.S.-China breakthrough

Australian Dollar: USD/AUD (AUD=X) lifted by fresh hopes of U.S.-China breakthrough The Australian Dollar rose Thursday as markets cheered fresh signs the White House could be willing to extend trade negotiations with China past a March 01 deadline, although new forecasts from UBS and Commonwealth Bank of Australia (CBA) suggest things are already about as good as they’ll get […]

Australian Dollar: USD/AUD (AUD=X) market sentiment has been boosted over the past 24 hours by some more encouraging news on US-China trade negotiations

Australian Dollar: USD/AUD (AUD=X) market sentiment has been boosted over the past 24 hours by some more encouraging news on US-China trade negotiations

Australian Dollar: USD/AUD (AUD=X) market sentiment has been boosted over the past 24 hours by some more encouraging news on US-China trade negotiations The Australian dollar rebounded from six-week lows on Tuesday as the rally in the greenback fizzled. Optimism towards a potential trade deal between the US and China, so often seen whenever high-level […]

Australian Dollar: USD/AUD (AUD=X) rises after U.S. shutdown averted, White House talks Xi meeting

Australian Dollar: USD/AUD (AUD=X) rises after U.S. shutdown averted, White House talks Xi meeting

Australian Dollar: USD/AUD (AUD=X) rises after U.S. shutdown averted, White House talks Xi meeting The Australian Dollar rose Tuesday as investors cheered an agreement struck overnight in Washington that will avert a second 2019 government shutdown, which has buoyed so-called risk assets including the Antipodean currency. President Donald Trump has secured partial funding for his proposed […]

Australian Dollar: USD/AUD (AUD=X) remains pressured following a dovish shift from the RBA last week

Australian Dollar: USD/AUD (AUD=X) remains pressured following a dovish shift from the RBA last week

Australian Dollar: USD/AUD (AUD=X) remains pressured following a dovish shift from the RBA last week The Australian dollar remains pressured following the Reserve Bank of Australia’s (RBA) dovish shift last week. After starting the week at .7250, the AUD/USD ended it at .7088, representing a decline of 2.2%. It was the largest weekly decline in […]

Australia to Spend $50b on French Submarines

Australia to Spend $50b on French Submarines

Australia formally signed a $50 billion contract with France to build 12 state of the art submarines Monday, a signal of the country’s willingness to project power across the Pacific. Prime Minister Scott Morrison hailed the “very audacious plan” at a ceremony in Canberra as “part of Australia’s biggest ever peace-time investment in defence”. The […]

Australian Dollar: USD/AUD (AUD=X) retail sales dip

Australian Dollar: USD/AUD (AUD=X) retail sales dip

Australian Dollar: USD/AUD (AUD=X) retail sales dip The Australian dollar had its worst week since October, falling 2.2 percent. The Aussie has declined 2.5% in February, erasing most of the gains seen in January. We’ll get a look at business and consumer confidence, both of which are struggling. Here is an outlook for the highlights of this week […]

Inglis Classic Yearling Sale News

Inglis Classic Yearling Sale News

All is in readiness for the biggest ever Classic Yearling Sale, with the action set to begin at Riverside Stables. To view the full parade schedule, CLICK HERE. To view the Classic catalogue, CLICK HERE. Graduates of the Classic Sale continue to shine on the track. Of all Australasian yearling sales, only the Easter Yearling […]

Godolphin 2yo’s Seek Glory in Australia

Godolphin 2yo’s Seek Glory in Australia

Rich two-year-old opportunities on offer in Melbourne and Sydney by Mike Hedge at Godolphin The final opportunity to stake G1 Blue Diamond Stakes’ claims is presented to the Godolphin youngsters Auxin and Athiri at Saturday’s Caulfield meeting, while in Sydney the filly Avon River appears in the best juvenile field assembled this season. Auxin (Dwayne […]

Fastnet Rock Continues to Deliver at Coolmore Australia

Fastnet Rock Continues to Deliver at Coolmore Australia

A $1million purchase from the 2018 NZB Book One Yearling Sale, promising colt Conqueror (2c Fastnet Rock x Diademe, by Savabeel) was well fancied when making his debut at Sandown on Wednesday, but had to settle for second place behind another son of Fastnet Rock in the race favourite Game Keeper (2c Fastnet Rock x […]

Australian Dollar: USD/AUD (AUD=X) RBA adopted a neutral bias on the outlook for Australia’s cash rate

Australian Dollar: USD/AUD (AUD=X) RBA adopted a neutral bias on the outlook for Australia’s cash rate

Australian Dollar: USD/AUD (AUD=X) RBA adopted a neutral bias on the outlook for Australia’s cash rate The Reserve Bank of Australia (RBA) delivered a sledgehammer to the Australian dollar on Wednesday, leaving it on track to log its largest percentage decline in over two years. The damage can be seen in the scoreboard below as […]

Australian Dollar: USD/AUD (AUD=X) Australian central bank governor says future rate cut is possible

Australian Dollar: USD/AUD (AUD=X) Australian central bank governor says future rate cut is possible

Australian Dollar: USD/AUD (AUD=X) Australian central bank governor says future rate cut is possible Philip Lowe told the National Press Club in Sydney on Wednesday, that the chance of the rate cut is more likely than it used to be, changing the RBA’s tone slightly. ‘Looking forward there are scenario where the outlook in the […]

Australian Dollar: USD/AUD (AUD=X) helped by a lift in US bond yields

Australian Dollar: USD/AUD (AUD=X) helped by a lift in US bond yields

Australian Dollar: USD/AUD (AUD=X) helped by a lift in US bond yields The main them of Monday’s session was broad based US dollar strength, helped by a lift in US bond yields despite another weak reading on US factory orders in November. “AUD/USD eased modestly in line with the stronger USD,” said Joseph Capurso, Senior […]

Darren Weir and the Hypocrisy of Australia

Darren Weir and the Hypocrisy of Australia

The Darren Weir case, guilty or not, is a sad reflection on the Australian Authorities and Media and demonstrates their strong bias against some groups of society. Darren Weir was arrested it seems for questioning, the raid on his properties was blasted around the world and the Media/Social Media in Australia found him guilty immediately. […]

Australian Dollar: USD/AUD (AUD=X) Jobs and Housing Markets Falter Ahead of Key RBA Interest Rate Decision

Australian Dollar: USD/AUD (AUD=X) Jobs and Housing Markets Falter Ahead of Key RBA Interest Rate Decision

Australian Dollar: USD/AUD (AUD=X) Jobs and Housing Markets Falter Ahead of Key RBA Interest Rate Decision The Australian Dollar fell into the new week Monday after surveys showed the jobs and housing markets struggling early in the New Year, just hours before the latest interest rate guidance is due from the Reserve Bank of Australia (RBA). Fresh […]

Godolphin Dominate Dubai World Cup Carnival

Godolphin Dominate Dubai World Cup Carnival

At the halfway point of the 2018-2019 Dubai World Cup Carnival, the jockey, trainer and owner standings are led by James Doyle, Charlie Appleby and Godolphin. While many of the top connections and horsemen are the proverbial usual suspects, they are closely followed by several who speak to the depth of this season’s Carnival. James […]

Australian Dollar: USD/AUD (AUD=X) RBA might well be forced to step in soon and actually cut official interest rates

Australian Dollar: USD/AUD (AUD=X) RBA might well be forced to step in soon and actually cut official interest rates

Australian Dollar: USD/AUD (AUD=X) RBA might well be forced to step in soon and actually cut official interest rates The AUD/USD might have seen a bit of a resurgence in the last week or so, but there are rumblings that the RBA might well be forced to step in soon and actually cut official interest […]

Terror Attack at Brisbane Airport Subject of Major Cover Up

Terror Attack at Brisbane Airport Subject of Major Cover Up

Once again the serious threat of Islamic Terrorism has been the subject of a Massive Police/Media cover up. Australia is now a victim of Politically Correct Authorities and a Left Wing Media that will not cover the truth. Australia needs to change, the major parties have failed and parties like One Nation have grown as […]

Visit These Places Now Before They Disappear

Visit These Places Now Before They Disappear

Instead of going with the crowds plan your travel this year with ecological/historical importance in mind. There are places in peril now that can still be enjoyed now, while actually helping the cause through proper booking and travel practices. Travel with good intent, with purposeful in choices, and believing these precious places on our planet […]

January, Officially Australia’s Hottest Month Ever

January, Officially Australia’s Hottest Month Ever

In January, Australia sweltered through its hottest month on record, and the Summer of extremes continues with wildfires razing the drought-parched south while expanses of the tropical north are flooded. Australia’s Bureau of Meteorology Friday confirmed the record heat during January as parts of the northern hemisphere have recently experienced record cold. Australia’s scorching start […]

Federal Reserve keeps rates steady, Australian Dollar: USD/AUD (AUD=X) shoots up

Federal Reserve keeps rates steady, Australian Dollar: USD/AUD (AUD=X) shoots up

Federal Reserve keeps rates steady, Australian Dollar: USD/AUD (AUD=X) shoots up The US Federal Reserve’s January monetary policy statement was dovish and this provided further impetus to the Aussie dollar after release of the CPI data. The key words are as follows: ‘In light of global economic and financial developments and muted inflation pressures, the […]

Australian Dollar: USD/AUD (AUD=X) at key resistance breakout zone

Australian Dollar: USD/AUD (AUD=X) at key resistance breakout zone

Australian Dollar: USD/AUD (AUD=X) at key resistance breakout zone AUD/USD has been pushing upwards, with the pair rising into trendline resistance. The creation of a higher low this week provides half the bullish story, with a break through the $0.7204 resistance level providing confirmation of that bullish outlook. Look at the $0.7204-$0.7235 zone of resistance, where […]

Australian Dollar: USD/AUD (AUD=X) showing little reaction to the NAB Business Confidence report

Australian Dollar: USD/AUD (AUD=X) showing little reaction to the NAB Business Confidence report

Australian Dollar: USD/AUD (AUD=X) showing little reaction to the NAB Business Confidence report The Australian Dollar is trading slightly higher early Tuesday, recovering from earlier weakness. Traders are showing little reaction to the NAB Business Confidence report which came in unchanged from the previous month at 3. There has also been little reaction to renewed […]

Australian Dollar: USD/AUD (AUD=X) fails to hang onto gains

Australian Dollar: USD/AUD (AUD=X) fails to hang onto gains

Australian Dollar: USD/AUD (AUD=X) fails to hang onto gains The Australian dollar initially tried to rally for the Monday session, but we have turned around near the 0.72 level, which of course is a major round figure as of late and is the beginning of significant resistance extending to the 0.7250 level. Beyond that, the 200 […]

African Gangs Terrorize Melbourne Children, Politicians Silent

African Gangs Terrorize Melbourne Children, Politicians Silent

African Gangs Terrorize Melbourne, Politicians Silent Australia’s imported African Gang Crime Wave continues while the Politically Correct Media join with the Left Wing Politicians to hide the facts from the Australian Public. Again this morning a Group of 30 Africans Refugees attacked and robbed 2 Australian kids 14 and 17 at a bus stop in […]

Inglis Graduates Impress as Sale Approaches

Inglis Graduates Impress as Sale Approaches

As the Autumn 2YO features rapidly approach, Inglis Graduates I Am Immortal (I Am Invincible), Catch Me (I Am Invincible) and Dawn Passage (Dawn Approach) all won impressively, including a clean sweep of the Blue Diamond Previews at Caulfield for Inglis Easter graduates. The Blue Diamond Preview (Colts & Geldings, Listed) went the way of […]

Australian Dollar: USD/AUD (AUD=X) showing signs of further weakness

Australian Dollar: USD/AUD (AUD=X) showing signs of further weakness

Australian Dollar: USD/AUD (AUD=X) showing signs of further weakness The Australian dollar initially tried to rally during the trading session on Thursday, and even pierced the 50 day EMA. By doing so, we rolled over and broke down below the 0.71 level during the day, showing signs of further weakness. However we have bounced just a […]

Vote O’tauto in the All Star Mile

Vote O’tauto in the All Star Mile

Vote O’tauto in the All Star Mile There is excitement in the air at Larneuk Stud and at the Cranbourne stables of Greg Eurell with the exciting three-year-old O’Tauto nominated for the inaugural running of the rich All Star Mile to be run at Flemington on March 16. The world’s richest 1600m race has attracted […]

Australian Dollar: USD/AUD (AUD=X) keeps on declining

Australian Dollar: USD/AUD (AUD=X) keeps on declining

Australian Dollar: USD/AUD (AUD=X) keeps on declining AUD/USD continued its downward move yesterday, providing further evidence that global risk appetite is waning. A rally off the lows yesterday is faltering at $0.714, creating a lower high. Further declines target $0.712 and then $0.709. Overall, the bias in prices is: Sideways. The projected upper bound is: 0.72. […]

Australian Dollar: USD/AUD (AUD=X) Weak Global Economic Forecasts Weighing on Aussie

Australian Dollar: USD/AUD (AUD=X) Weak Global Economic Forecasts Weighing on Aussie

Australian Dollar: USD/AUD (AUD=X) Weak Global Economic Forecasts Weighing on Aussie The Australian and New Zealand Dollars are trading lower on Tuesday in reaction to concerns over data showing China’s economy slowed sharply in 2018 and weakening global growth. The lack of fresh developments over U.S.-China trade relations could also be weighing on the Aussie […]

Australian Dollar: USD/AUD (AUD=X) at risk of another break lower

Australian Dollar: USD/AUD (AUD=X) at risk of another break lower

Australian Dollar: USD/AUD (AUD=X) at risk of another break lower AUD/USD has been on the rise throughout the beginning of 2019, although the past week has seen the pair drift lower in what could be a topping pattern. The wider trend in AUD/USD is bearish, and thus until we break through the $7393 level, there is […]

Australian Dollar: USD/AUD (AUD=X) tone changed from short-term bullish to short-term bearish

Australian Dollar: USD/AUD (AUD=X) tone changed from short-term bullish to short-term bearish

Australian Dollar: USD/AUD (AUD=X) tone changed from short-term bullish to short-term bearish The tone changed from short-term bullish to short-term bearish last week when U.S. Treasury yields started to rise. This helped make the U.S. Dollar a more attractive investment. Yields are being boosted by increased demand for risky assets tied to the optimism over […]

The Key Reasons for Australia to Exit the Paris Accord Now

The Key Reasons for Australia to Exit the Paris Accord Now

It is urgent that all Australian politicians understand the dangers in the Paris Climate Agreement. Here are the Key Reasons to EXIT PARIS NOW: The science is not settled – hundreds of scientists in Australia and thousands more throughout the world reject the theory that human production of CO2 (carbon dioxide) is driving dangerous global […]

Australian Dollar: USD/AUD (AUD=X) finds support

Australian Dollar: USD/AUD (AUD=X) finds support

Australian Dollar: USD/AUD (AUD=X) finds support The Australian dollar initially pulled back a bit during the trading session on Thursday, dipping slightly below the 50 day EMA. However, we bounced slightly, and I think this is indicative of what we are going to see, a slow and gentle grind lower. This isn’t necessarily an indictment on […]

Australian Dollar: USD/AUD (AUD=X) Westpac Consumer Sentiment shows deterioration in sentiment

Australian Dollar: USD/AUD (AUD=X) Westpac Consumer Sentiment shows deterioration in sentiment

Australian Dollar: USD/AUD (AUD=X) Westpac Consumer Sentiment shows deterioration in sentiment The Australian Dollar took a steep fall in the Westpac Consumer Sentiment index in its stride Wednesday but selling the Antipodean currency is still a “top ten” investment idea for the 2019 year, according to analysts at DBS Bank who see the Reserve Bank of Australia having to delay any […]

Australian Dollar: USD/AUD (AUD=X) stalls ahead of resistance below 0.73

Australian Dollar: USD/AUD (AUD=X) stalls ahead of resistance below 0.73

Australian Dollar: USD/AUD (AUD=X) stalls ahead of resistance below 0.73 The Australian Dollar mounted a spirited recovery after briefly spiking to a ten-year low against its US counterpart. The advance has paused to consolidate below minor resistance at 0.7247. A daily close above this barrier opens the door for a test of the December swing […]

Godolphin the Leading Owner in France

Godolphin the Leading Owner in France

The 2018 owners rankings in France are pretty clear. The Godolphin stable of Sheikh Mohammed al Maktoum dominates with a total of €5.6m in earnings, plus around €200,000 in owners’ premiums, as most of the horses in this team are traditionally bred abroad and are not assimilated French. This is also the case for Khalid […]

Australian Dollar: USD/AUD (AUD=X) fresh concerns about the global economy

Australian Dollar: USD/AUD (AUD=X) fresh concerns about the global economy

Australian Dollar: USD/AUD (AUD=X) fresh concerns about the global economy The Australian dollar eased on Monday as fresh concerns about the global economy resurfaced. The main theme of the session was a weak Chinese trade report for December with imports and exports suffering the largest year-ended decline since the second half of 2016, raising renewed concern about […]

Australian Dollar: USD/AUD (AUD=X) main trend is down

Australian Dollar: USD/AUD (AUD=X) main trend is down

Australian Dollar: USD/AUD (AUD=X) main trend is down The main trend is down according to the daily swing chart. However, momentum is trending higher. The main trend will change to up on a trade through .7247. The minor trend is up. This move triggered the shift in momentum to up. The main range is .7394 […]

Australian Dollar: USD/AUD (AUD=X) advances on rivals after China notes trade war “progress”

Australian Dollar: USD/AUD (AUD=X) advances on rivals after China notes trade war “progress”

Australian Dollar: USD/AUD (AUD=X) advances on rivals after China notes trade war “progress” The Australian Dollar was rose broadly Thursday in response to claims the U.S. and China are moving close toward a deal that will end the “trade war” between the two, which came ahead of retail sales figures for November. Chinese officials said […]

Australian Dollar: USD/AUD (AUD=X) rises broadly even after disappointing November trade data

Australian Dollar: USD/AUD (AUD=X) rises broadly even after disappointing November trade data

Australian Dollar: USD/AUD (AUD=X) rises broadly even after disappointing November trade data The Australian Dollar advanced against most rivals Tuesday even after official data revealed a steep fall in the nation’s trade surplus for November, and is likely to remain on its front foot over the coming weeks according to Westpac. Australia’s goods trade surplus fell from […]

Australian Dollar: USD/AUD (AUD=X) records lower than expected November trade surplus of $1.9 billion

Australian Dollar: USD/AUD (AUD=X) records lower than expected November trade surplus of $1.9 billion

Australian Dollar: USD/AUD (AUD=X) records lower than expected November trade surplus of $1.9 billion The Australian Bureau of Statistics figures reveal Australia’s November trade surplus of $1.9 billion was lower than expected.Australia exported $1.9 billion more than last month, down from a $2 billion surplus in October. According to ABS figures, in trend terms, the […]

Australian Dollar: USD/AUD (AUD=X) recovery seen in the Aussie dollar

Australian Dollar: USD/AUD (AUD=X) recovery seen in the Aussie dollar

Australian Dollar: USD/AUD (AUD=X) recovery seen in the Aussie dollar After plunging to as low as .6730 on Thursday, the lowest level since early 2009, the AUD/USD surged on Friday, helped by a raft of positive headlines that sparked short-covering from traders. “If ever there was a case of a currency going from zero to […]

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