AUD/USD regains its balance, but still trapped below 0.7100

Overnight/Asian markets see restrained volumes for another day. Data-thin week for the Aussie sees the Greenback in control of the pair. The AUD/USD remains trapped beneath the 0.7100 technical barrier heading into Wednesday's Asia market session, testing into 0.7080 after cycling within ...

AUD/USD hits fresh highs but remains below 0.7100

AUD/USD rebounds after finding again support at 0.7055.  Aussie recovers as Wall Street indexes trim losses, easing pressure on EM and commodity currencies.  The AUD/USD printed a fresh daily high recently at 0.7089 and near the end of the session was holding close to the top, with ...

AUD/USD keeps the red, just above mid-0.7000s

   •  The USD manages to recover early lost ground and prompts some fresh selling.    •  Weaker copper prices/risk-off mood exert some additional downward pressure. The AUD/USD pair stalled its intraday attempted recovery ahead of the 0.7100 handle and migh ...

AUD/USD inching towards new 2018 lows below 0.7050

Aussie traders struggling to keep the AUD/USD upright. With data thin in the early week, market sentiment is the main driver, which bodes poorly for the Aussie. The AUD/USD drifted lower in early Tuesday action, testing into 0.7060 as risk-off sentiment continues to weaken the Aussie in broade ...

AUD/USD continues to slip below 0.7100

The Aussie is making a play back into the year's lows as Dollar buyers return. A thin economic calendar leaves headlines in the captain's seat. The AUD/USD took a step lower in Monday's trading as the Greenback sees a broad-market rebound, and the Aussie is slipping back t ...

AUD/USD bulls struggling to defend 0.7100 handle

   •  A goodish pickup in the USD demand prompts some fresh selling.    •  Retracing copper prices undermine Aussie and exert additional pressure. The AUD/USD pair struggled to build on a late Asian session uptick to an intraday high level of 0.7125 and migh ...

AUD/USD still seen sidelined – UOB

In opinion of FX Strategists at UOB Group, the Aussie Dollar is expected to continue the ongoing rangebound trade. Key Quotes 24-hour view: “Instead of threatening the 0.7070 support (as expected last Friday), AUD rebounded to a high of 0.7150 before easing off. The relatively choppy pric ...

AUD/USD back over 0.7100 after brief Monday dip

The Aussie sees a springback from early Monday's dip on low trading volumes. Broader markets are awaiting signs of easing in political tensions, which continue to keep bulls in chains. The AUD/USD took a quick trip down to 0.7087 in Monday's volume-constrained early trading sessio ...

AUD/USD continues to spread the middle ahead of quiet Monday

The Aussie heads into a thin trading week already hung in the middle. US data due at the mid-week inflection point could stir things up. The AUD/USD saw little reason to move from its current range last week, bouncing between 0.7100 and 0.7150 in rough sideways chop, and the Aussie heads int ...