Friday, October 16, 2026

Technicals

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AUD/USD continues to break up out a modest 0.7693-0.7722 range in Asia

Soft investment data/weak iron ore futures (-2.9%) having little impact BBG poll out today says all 26 economists surveyed expect RBA to cut in May OIS pricing in a 70% chance of May cut AUD and NZD carry demand however …

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Soft investment data/weak iron ore futures (-2.9%) having little impact

  • BBG poll out today says all 26 economists surveyed expect RBA to cut in May

  • OIS pricing in a 70% chance of May cut

  • AUD and NZD carry demand however the major talking point

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team