RBA surprise markets by leaving cash rate unchanged
Apr 07, 2015 04:44 am UTC| Technicals
AUD/USD jumps to 0.7670 bid vs 0.7601 before announcement USD/SGD last 1.3550-55, down from 1.3565 bid before RBA Doubt USD/SGD will have much legs below 1.3550 ahead of MAS next week RBA remains dovish,...
AUD/USD - Pops higher after RBA stays on hold
Apr 07, 2015 04:40 am UTC| Technicals
AUD/USD jumped from around 0.7605 to 0.7697 after RBA stayed on hold Market was pricing in 70% chance of cut so RBA decision a minor surprise Resistance is found at 61.8 of 0.7939/0.7534 move at 0.7785 A...
USD/KRW is holding just above 1090
Apr 07, 2015 04:19 am UTC| Technicals
Low key affair in Asia as trading normalises post long w/e break for many JPY/KRW dealt briefly below 9.10 but market aware of BOKs displeasure USD/KRW sellers half-hearted today - pair up around 0.5% from...
USD/THB well bid on short cover, follows higher USD
Apr 07, 2015 03:37 am UTC| Technicals
Pair traded 32.49 high so far, last 32.49-50 Ext stocks gains, SET +0.76%, may hinder rally in pair though Firm close above 32.50 risks squeeze 32.66, 30 Mar...
USD/SGD remain bullish on exp of further easing by MAS
Apr 07, 2015 03:31 am UTC| Technicals
USD/SGD off highs on light p/t, buying orders limit dips though MAS will issue semi-annual policy statement on Apr 14 at 0000GMT Advance Q1 GDP estimate will be released at same time USD/SGD last...
USD/IDR well bid, but no rush as positive stocks cap
Apr 07, 2015 03:19 am UTC| Technicals
Pair underpinned by spike in NDFs, higher dollars overnight USD/IDR opens at 12965-975, traded 12975-990 range so far NDFs higher to 13075-13105, JKSE +0.33%, bonds supp, BI MPCnext wk Most exp BI to stay...
AUD/USD and AUD/NZD moving higher as shorts pare back ahead of RBA decision
Apr 07, 2015 02:42 am UTC| Technicals
Market pricing in 70% chance of RBA 25 BP cut down from 77% chance earlier AUD/NZD is up around 0.45% while the AUD/USD is up around 0.40% Resistance for AUD/USD is found at 10-day MA at 0.7670 AUD/USD...