Friday, October 16, 2026

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AUD/USD up slightly but recovery unlikely to last

AUD/USD moves back above 76 cents as EUR/USD cannot to hold 1.05 break Stocks upbeat across Asia; Nikkei +1.3%; MSCI AXJ +0.7% DXY up just 0.1% last fails to build on yesterday's 1.1% gain Sellers have upper-hand but cau…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD moves back above 76 cents as EUR/USD cannot to hold 1.05 break

  • Stocks upbeat across Asia; Nikkei +1.3%; MSCI AXJ +0.7%

  • DXY up just 0.1% last fails to build on yesterday's 1.1% gain

  • Sellers have upper-hand but cautious USD strength

  • AUD/NZD concern with parity after RBNZ 

 

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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