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15 Aug 2013

AUD/USD held by 0.9145 limits

FXstreet.com (Chicago) - AUD/USD reversed from 0.9058 intraday lows attempting a comeback from this early morning plunge.

The greenback sell off extended across most markets as the dollar lost trust among market participants. Ahead of the RBA’s economic briefings to be transmitted through Assistant Governor Debelle, market participants push the pair higher.

Trading at 0.9141, the pair oscillates between supports at 0.9121 (August 13th lows), 0.9098 (July 10th lows) ahead of 0.9078 (July 8th lows) and resistances at 0.9144 (July 19th lows), 0.9163 (June 19th lows) followed by 0.9185 (August 14th highs). The FXstreet.com trend index reports the pair as slightly bearish on one-hour timeframe analysis.

Aug 15, 2013

NZD/USD clings to robust gains, 0.8100 remains on target

The NZD/USD foreign exchange rate leapt higher yesterday to test the 0.8100 region, though ultimately could not summit this upside barrier and has eased slightly during Asian trading.

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Aug 16, 2013

Session Recap: Suddenly everything blown up

Once upon a day, investors were trading in another summer day with USD advances in low volume, but suddenly everything blown up. The USD lost its earlier gains, the Gold rallied, US bonds jumped to 2-year highs and Wall Street performed its worst day weeks.

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