Australian Dollar Unfazed by Chinese PMI as RBA Meeting Shifts Into View 2021-03-01 02:12:00 Daniel Moss, Analyst
Australian Dollar, Caixin PMI, RBA, Bond Yields, Yield Curve Control – Talking Points:
The Australian Dollar briefly drifted lower on the back of disappointing PMI figures out of China.
The RBA’s attempt to stifle the sell-off in local government bonds may have little impact on AUD.
AUD/USD poised to extend rebound as price surges away from key support. Advertisement
Australian Dollar Unfazed by Disappointing Chinese PMI
The Australian Dollar drifted marginally lower after Chinese Caixin PMI figures undershot market expectations of a 51.4 print in February, coming in slightly lower at 50.9. Manufacturing and non-manufacturing PMI figures released over the weekend also highlighted a notable slowdown in China’s economic recovery.
New Zealand Dollar Technical Analysis: AUD/NZD, NZD/JPY, NZD/USD 2021-01-19 03:00:00 Daniel Moss, Analyst
New Zealand Dollar, AUD/NZD, NZD/JPY, NZD/USD, Technical Analysis – Talking Points:
NZD/USD eyeing a push to key support at the 50-DMA.
RSI trend break hints at further downside in the short term for NZD/JPY.
AUD/NZD approaching key psychological inflection point. Is a reversal lower in the offing? Advertisement
NZD/USD Daily Chart – Psychological Support at 0.7000 in Focus
NZD/USD daily chart created using Tradingview
The NZD/USD exchange rate looks set to continue sliding lower in the short term, after slicing back below the 21-day exponential moving average (0.7153) for the first time since October 2020.
Australian Dollar Pushes Higher on Better-Than-Expected Jobs Data 2020-12-17 00:54:00 Daniel Moss, Analyst
Australian Dollar, AUD/USD, Employment Data, Easing Restrictions, PMI – Talking Points:
The Australian Dollar surged higher against its major counterparts on the back of strong employment figures for the month of November.
The nation’s progressive return to normalcy may continue to put a premium on the cyclically-sensitive currency.
AUD/USD rates eyeing a push to fresh yearly highs after hurdling key psychological resistance. Advertisement
Australian Dollar Surges Higher on Strong Employment Data
The Australian Dollar pushed higher against its major counterparts on the back of better-than-expected employment data for the month of November.