Free Trial
TWD

Plays Catch Up On Better Equity Flow Trend

JGBS

Off Best Levels

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

A$ Crosses In Focus, AUD/GBP Close To September Lows

AUD

More action has been evident in crosses than AUD/USD so far this morning. This pair got dragged closer to 0.6520 in early trade, as GBP continued to strengthen, but we are now back around 0.6505/10, slightly higher on starting levels. AUD/GBP continues to track lower, last at 0.5830, close to fresh month to date lows (just ahead of 0.5800).

  • Regional equity sentiment is weaker, following overnight leads, while US equity futures are struggling to stay in positive territory. AUD/JPY is still higher though, pushing above 94.15/20 fresh highs for the week, as USD/JPY tracks modestly higher.
  • AUD/NZD is up from recent lows. The pair was around 1.1330 in early trade, but we are now back to 1.1355. Earlier NZ data didn’t shift the sentiment needle.
  • Coming up is Australian credit data, although China PMIs, out at the same time, are likely to influence the A$ more.
146 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

More action has been evident in crosses than AUD/USD so far this morning. This pair got dragged closer to 0.6520 in early trade, as GBP continued to strengthen, but we are now back around 0.6505/10, slightly higher on starting levels. AUD/GBP continues to track lower, last at 0.5830, close to fresh month to date lows (just ahead of 0.5800).

  • Regional equity sentiment is weaker, following overnight leads, while US equity futures are struggling to stay in positive territory. AUD/JPY is still higher though, pushing above 94.15/20 fresh highs for the week, as USD/JPY tracks modestly higher.
  • AUD/NZD is up from recent lows. The pair was around 1.1330 in early trade, but we are now back to 1.1355. Earlier NZ data didn’t shift the sentiment needle.
  • Coming up is Australian credit data, although China PMIs, out at the same time, are likely to influence the A$ more.