GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro- Major European Indices 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Pair levels and bias summary 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
The Australian dollar has extended its depreciating trend over the past month, with AUD/USD briefly falling below 0.70 for the first time April 2009. The main drivers behind this latest leg lower were further declines in commodity prices amid rising concerns about China, both key to prospects for Australian exports.
An improvement in global risk sentiment and a surprisingly 'dovish' line from the US FOMC at its latest policy meeting saw AUD/USD rally above 0.72 but it remains vulnerable to renewed market volatility.
More positively, comments from RBA Governor Stevens at his recent semi-annual testimony were more upbeat about economic prospects and also suggested he wascomfortable with the current monetary policy setting and level of the exchange rate. Meanwhile, markets still await new Prime Minister Turnbull's policy initiatives.
"Looking ahead, we believe further stabilisation in Chinese data and financial markets, aligned with firming commodity prices, should support the AUD. AUD/USD is forecasted at 0.75 end 2015, rising to 0.78 at end Q2 2016", says Lloyds Bank.
