AUD/USD-Commentary

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May 16, 2024

AUD/USD flows: Mixed jobs report evaporize early gains
Paying Article

May 16, 2024 5:03 AM UTC

Australian April unemployment rate 4.1% vs. 3.9% expected

May 15, 2024

AUD/USD flows: Supported by report on China purchasing unsold homes
Paying Article

May 15, 2024 4:51 AM UTC

China's government is considering buying unsold homes to ease oversupply
Australia Q1 Wage Price Index +0.8% q/q (expected +0.9%)

May 14, 2024

AUD/USD flows: Soft sentiment
Paying Article

May 14, 2024 5:07 AM UTC

Risk sentiment soft

May 13, 2024

AUD/USD flows: Soft regional sentiment
Paying Article

May 13, 2024 5:00 AM UTC

China to switch off real-time info on foreign flows in stocks today
China plans to issue special ultra-long term treasury bonds to raise 1 trillion yuan
China's April CPI +0.3% y/y vs. +0.1% expected

May 10, 2024

AUD/USD flows: Slips on U.S. EV sanction news
Paying Article

May 10, 2024 4:59 AM UTC

The US planning to impose tariffs on EVs from China after review

May 08, 2024

AUD/USD flows: Dragged by regional sentiment
Paying Article

May 8, 2024 5:17 AM UTC

Soft regional sentiment and strong USD

May 07, 2024

AUD/USD flows: RBA remain on hold
Paying Article

May 7, 2024 6:07 AM UTC

RBA leaves cash rate unchanged at 4.35%

AUD/USD flows: Soft Q1 Retail sales
Paying Article

May 7, 2024 4:04 AM UTC

Australian Q1 Retail sales lower than expected

May 06, 2024

AUD/USD flows: Proxy supported
Paying Article

May 6, 2024 4:19 AM UTC

Chinese PMI and Equities positive

May 03, 2024

USD flows: USD knocked lower by weaker US employment report
Paying Article

May 3, 2024 12:48 PM UTC

US emplyoment report only modestly weaker than expected, but weaker in all categories, JPY benefiting the most, but scope for USD losses elsewhere as well.

AUD/USD flows: Solid PMI
Paying Article

May 3, 2024 5:56 AM UTC

Australian service PMI solid in expansion at 53.6

May 02, 2024

AUD/USD flows: Benefiting from improving sentiment
Paying Article

May 2, 2024 5:52 AM UTC

Major equity indexes improves post FOMC

April 30, 2024

AUD/USD flows:
Paying Article

April 30, 2024 5:12 AM UTC

Australia March Retail Sales -0.4% m/m (expected +0.2%)

April 29, 2024

AUD/USD flows: Boosted by Chinese property Sector Relieves
Paying Article

April 29, 2024 4:09 AM UTC

Chengdu, in southwest China, has removed home-buying curbs

April 26, 2024

AUD/USD flows: Up a tad along positive sentiment
Paying Article

April 26, 2024 4:12 AM UTC

Australia Q1 PPI +4.3% y/y vs +4.1% prior

April 25, 2024

AUD/USD flows: Regional sentiment guiding the Aussie
Paying Article

April 25, 2024 5:22 AM UTC

Regional sentiment guides the Aussie

April 24, 2024

AUD, JPY, SEK flows: AUD firm, JPY weak, SEK down slightly
Paying Article

April 24, 2024 6:55 AM UTC

AUD benefits from strong CPI, JPY remains under pressure in risk positive trading, SEK reocvery moderated by higher unemployment

AUD/USD flows: Hotter CPI brings AUD higher
Paying Article

April 24, 2024 4:38 AM UTC

Australian Q1 CPI +1.0% q/q (expected 0.8%), 3.6% y/y (expected 3.4%)

April 23, 2024

USD, EUR, JPY, AUD, CAD flows: PMIs awaited, AUD and CAD rallies look fragile
Paying Article

April 23, 2024 6:44 AM UTC

PMIs awaited with mild downside bias for European currencies. AUD and CAD gains looks suspect given yield spread picture

AUD/USD flows: Sanctions concern drags sentiment
Paying Article

April 23, 2024 4:53 AM UTC

US drafting sanctions threaten to cut some Chinese banks off from global financial system
Australia April preliminary PMI Manufacturing 49.9 (prior 47.3) and Services 54.2 (prior 54.4)

April 22, 2024

AUD/USD flows: Supported by sentiment
Paying Article

April 22, 2024 4:18 AM UTC

Risk sentiment broadly positive on lack of geopolitical escalation

April 19, 2024

AUD/USD flows: Equities in a see of Red, so as the Aussie
Paying Article

April 19, 2024 3:59 AM UTC

Equities in a sea of red globally on geopolitical fear

April 18, 2024

USD, EUR, JPY, AUD, GBP flows: USD softer as yields dip
Paying Article

April 18, 2024 6:52 AM UTC

USD corrected lower with US yields overnight. Little news scheduled today but Fed speakers could drive trade. GBP softer after Bailey comments

AUD/USD flows: Supported by positive sentiment
Paying Article

April 18, 2024 4:04 AM UTC

Australian March unemployment rate 3.8% vs. 3.9% expected
But headline misses, so as participation rate

April 17, 2024

JPY, AUD flows: JPY weakness reaching pain threshold
Paying Article

April 17, 2024 2:01 PM UTC

JPY weakness still being driven by declining risk premia, but some action needed from Japanese authorities soon if they are to avoid losing credibility.

April 16, 2024

AUD/USD flows: Dragged by sentiment
Paying Article

April 16, 2024 5:15 AM UTC

Risk sentiment broadly weak

April 15, 2024

AUD/USD flows: Industrial Metals Higher on U.S. and UK Sanction
Paying Article

April 15, 2024 4:55 AM UTC

US and UK ban deliveries of any Russian Aluminum and Nickel produced after midnight on Friday

April 11, 2024

AUD/USD flows: Inflation Expectation Stronger
Paying Article

April 11, 2024 5:14 AM UTC

Australian April consumer inflation expectations higher at 4.6% from 4.3%

April 09, 2024

AUD/USD flows: Strong metal and USD balance out
Paying Article

April 9, 2024 4:54 AM UTC

Australian Monthly Consumer Confidence -2.4% m/m

April 08, 2024

AUD/USD flows: Strong metal and USD balance out
Paying Article

April 8, 2024 4:37 AM UTC

Metals performing strongly 
But USD strong and sentiment mixed

April 05, 2024

AUD/USD flows: Dragged by geopolitical tension
Paying Article

April 5, 2024 4:33 AM UTC

Headline crossed the wire of potential escalation between Israel and Iran after scandal of Israel attacking aid personnel

April 04, 2024

CHF, AUD, JPY flows: CHF lower after CPI
Paying Article

April 4, 2024 6:59 AM UTC

Another big downside miss in Swiss CPI weighs on the CHF

AUD/USD flows: Strong PMI
Paying Article

April 4, 2024 6:16 AM UTC

Australian March Services PMI at 54.4 

April 02, 2024

AUD/USD flows: RBA Mintues Show No Hike Discussion
Paying Article

April 2, 2024 5:04 AM UTC

RBA minutes show there was no discussion of hike
Australian private inflation survey for March drops to 3.8% y/y (prior 4%)
"National Team" seen selling USD/CNY

March 27, 2024

AUD/USD flows: Monthly CPI Stays Above 3%
Paying Article

March 27, 2024 5:29 AM UTC

Australian monthly CPI (February) 3.4% y/y vs. 3.5% expected

March 26, 2024

CHF, AUD flows: CHF soft, AUD has recovery scope
Paying Article

March 26, 2024 7:57 AM UTC

CHF increasingly the preferred funding currency. AUD has scope for recovery given extended short positioning

March 25, 2024

AUD/USD flows: Proxy Support
Paying Article

March 25, 2024 5:18 AM UTC

PBoC fixed onshore yuan rate strongest in almost a year
"National Team" also seen buying

March 22, 2024

AUD/USD flows: Slammed by stronger USD and weaker sentiment
Paying Article

March 22, 2024 4:48 AM UTC

Regional sentiment tanks
Yuan slips despite "National Team" stepping in

March 21, 2024

AUD flows: Jobs report rebounds
Paying Article

March 21, 2024 5:04 AM UTC

Australian February unemployment rate 3.7% (vs. 4.0% expected)

March 19, 2024

AUD flows: AUD softens as RBA loses bias to tighten
Paying Article

March 19, 2024 7:54 AM UTC

RBA statement shifts to balanced risks, pushing AUD yields and AUD/USD lower. Risk sub 0.65

AUD/USD flows: As expected with changes to forward guidance
Paying Article

March 19, 2024 5:04 AM UTC

RBA keep rates at 4.35% but updated forward guidance

March 18, 2024

AUD/USD flows: No fireworks
Paying Article

March 18, 2024 5:06 AM UTC

No fireworks expected for the RBA meeting

March 15, 2024

AUD/USD flows: Soft risk, soft Aussie
Paying Article

March 15, 2024 4:37 AM UTC

PBoC's strongest fix in almost a year couldn't support the Aussie

March 07, 2024

AUD/USD flows: Trade Data shows import grwoth slowing
Paying Article

March 7, 2024 5:47 AM UTC

Australian January exports +1.6% m/m (prior +1.8%) & Imports +1.3% (prior +4.8%)

March 06, 2024

GBP flows: Little scope for GBP impact from the UK Budget
Paying Article

March 6, 2024 12:48 PM UTC

Little scope for a significant net fiscal change, and the likely exit of the current government by next year suggests little GBP impact from the Budget.

JPY, EUR flows: JPY up on BoJ talk, EUR may gain support from German trade data
Paying Article

March 6, 2024 7:40 AM UTC

A Jiji press report that some BoJ members will support the case for an exit from NIRP in March has booisted the JPY in early trade. EUR may get some benefit from record German trade surplus.

AUD/USD flows: Q/Q GDP Misses
Paying Article

March 6, 2024 5:20 AM UTC

Australian Q4 2023 GDP +0.2% q/q vs. expected +0.3%, 1.5% y/y vs expected 1.4%. 

March 05, 2024

JPY, AUD flows: AUD softer o/n, JPY has upside scope
Paying Article

March 5, 2024 7:56 AM UTC

AUD softens as regional equities slip, JPY unaffected by Tokyo CPI but yield sreads suggest upside scope

AUD/USD flows: Regional sentiment not impressed by NPC's "around 5% growth"
Paying Article

March 5, 2024 6:06 AM UTC

Reuters reported China will target around 5% 2024 GDP growth in their work report 

March 01, 2024

AUD/USD flows: Positive sentiment reverberates
Paying Article

March 1, 2024 7:13 AM UTC

Risk sentiment broadly positive
Chinese official manufacturing PMI stays in contraction when private beats