FX Corp

www.fxcorp.com.au/blog/2022/11/25/aud-consolidating-in-quieter-trading-conditions

AUD Consolidating in Quieter Trading Conditions — FX Corp | Foreign Exchange AUD AUD advanced overnight against its counterparts, apart from the Sterling, despite a relatively light-on economic docket. Asian equities were largely higher on the close with the CSI 300 underperforming down 0.4%, with China’s daily Covid cases rising to the highest during the pandemic. The ASX

www.fxcorp.com.au/blog/2022/11/24/fomc-and-rbnz-move-in-different-directions

FOMC and RBNZ Move in Different Directions — FX Corp | Foreign Exchange AUD The Aussie Dollar travelling higher against the majors this morning, the only exception being the NZD, as some less hawkish language from the US’s FOMC spurred on Equity markets and in turn the AUD.  Asian equities were higher on Wednesday’s close with the Nikkei and Hang Seng +0.6%.

www.fxcorp.com.au/blog/2022/11/23/rbnz-due-to-raise-interest-rates-again-today

RBNZ Due to Raise Interest Rates Again Today — FX Corp | Foreign Exchange AUD Aussie opens mixed across the board following a night full of commentary from various central bank members and governors, with investors awaiting important economic data prints over the next 24hrs from around the globe. Asian equities were mixed yesterday with the Nikkei rising 0.6% while the

www.fxcorp.com.au/blog/2022/11/21/aud-off-the-boil-amidst-lethargic-markets

AUD Off the Boil Amidst Lethargic Markets — FX Corp | Foreign Exchange AUD AUD gradually drifted lower across the board leading into the weekend, a slow finish to a week which started so positively for the Little Battler. Asian equities were mixed to close the week with the CSI down 0.45% and Hang Seng falling 0.3%. The ASX closed slightly higher, gaining 0.

www.fxcorp.com.au/blog/2022/11/18/aud-softens-across-the-board

AUD Softens Across the Board — FX Corp | Foreign Exchange AUD The Aussie dollar opens down against majors despite strong domestic labour force data yesterday. The Unemployment Rate decreased by 0.1% to almost 50 year lows of 3.4%, despite the economy adding approximately +32.2k jobs, doubling expectations of +15k and underscoring the resilience of the ec

www.fxcorp.com.au/blog/2022/11/17/aussie-momentum-on-halt

Aussie Momentum on Halt — FX Corp | Foreign Exchange AUD A fall in risk sentiment put a halt Aussie dollar recent momentum, opening lower this morning against the major currency pairs. A fall in commodities set the stage for the decreasing risk appetite seen during overnight session with Natural Gas -5.0%, Silver -0.1% Iron Ore -1.6% and Gold flat.

www.fxcorp.com.au/blog/2022/11/16/aud-builds-upward-momentum

AUD Builds Upward Momentum — FX Corp | Foreign Exchange AUD The Aussie Dollar had an overwhelmingly stronger overnight session after some softer US data, though just holding ground against some currency crosses. Asian equities were mostly higher on Tuesday with the Nikkei up 0.1% and Hang Seng climbing 3.9%. The ASX finished 0.1% lower with energy and

www.fxcorp.com.au/blog/2022/11/15/aud-consolidating-recent-gains

AUD Consolidating Recent Gains — FX Corp | Foreign Exchange AUD The AUD trades fairly level, slightly higher against the majors apart from the AUDGBP, as traders continue to digest last week’s US Inflation release coming in weaker than expected. Asian equities were not too crash hot, all closing in the red with the ASX down -0.2%, the Shanghai Comp down -0

www.fxcorp.com.au/blog/2022/11/14/improving-risk-appetite-supports-aud-gains

Improving Risk Appetite Supports AUD Gains — FX Corp | Foreign Exchange AUD The AUD opens mixed this morning across the board as risk sentiment improves across markets as a result of last week's US inflation data finally showing signs relenting in the face of higher interest rates. Asian equities enjoyed the buoyant mood and were strong to close the week with the Nikk

www.fxcorp.com.au/blog/2022/11/11/usd-weakens-as-inflation-comes-off-the-boil

USD Weakens as Inflation Comes Off the Boil — FX Corp | Foreign Exchange AUD The Aussie dollar is up substantially this morning against most majors with a shift to risk on sentiment in the market with CPI data out of the US finally showing a slow down in inflation (see USD section below). The Asian equities saw losses in the last session with the ASX -0.5%, the Shangha

www.fxcorp.com.au/blog/2022/11/10/us-elections-in-the-balance-ahead-of-tonights-inflation-data

US Elections in the Balance Ahead of Tonight's Inflation Data — FX Corp | Foreign Exchange AUD The Aussie Dollar opens soft against most majors as global economic risks remain to the downside. Asian equities finished largely in the red with the Hang Seng underperforming, down -1.2%, while the ASX outperformed its peers closing Wednesday’s session +0.6%, with mining stocks leading the ga

www.fxcorp.com.au/blog/2022/11/9/votes-being-counted-in-us-mid-term-elections

Votes Being Counted in US Mid Term Elections — FX Corp | Foreign Exchange AUD Aussie dollar had a mixed performance overnight, with markets sitting tight for the US congressional election results to start flowing through shortly. Asian equities were mixed on Tuesday with the Nikkei climbing 1.25% and Hang Seng -0.7%. The ASX closed 0.4% higher driven by gains i

www.fxcorp.com.au/blog/2022/11/8/us-mid-term-elections-to-dominate-proceedings-tonight

US Mid Term Elections to Dominate Proceedings Tonight — FX Corp | Foreign Exchange AUD The Aussie Dollar failed to take advantage of any major gains due to a lackluster night of data, opening mixed against major currency pairs. Asian Equites held their heads above water on close yesterday with the ASX +0.6%, Shanghai Comp +0.2%, Nikkei +1.2%. Commodities on the

www.fxcorp.com.au/blog/2022/11/7/aud-volatile-on-questions-over-chinas-zero-covid-stance

AUD Volatile on Questions Over China's Zero-Covid Stance — FX Corp | Foreign Exchange AUD Aussie dollar had a significant lift over the weekend, supported by strong commodity prices and building anticipation from investors that the US Fed Reserve will be forced by a significant economic contraction to capitulate and pivot from their hawkish monetary policy. Asian

www.fxcorp.com.au/blog/2022/11/3/fed-keeps-foot-to-the-floor-with-75bps-hike

Fed Keeps Foot to the Floor with 75bps Hike — FX Corp | Foreign Exchange AUD AUD trades mixed this morning, having faced some volatile conditions in the last 24 hours, being influenced heavily by the FOMC Cash Rate decision and statement overnight. Asian equities were mixed on Wednesday with the Nikkei flat while the Hang Seng climbed 2.4%. The ASX closed 0.15% higher

https://www.fxcorp.com.au/blog/2022/11/2/rba-remains-conservative-with-a-25bps-hike

RBA Remains Conservative with a 25bps Hike — FX Corp | Foreign Exchange AUD The Aussie Dollar remains mixed, trading either down or flat against most major currencies this morning after the first of three central bank decisions coming from the RBA yesterday afternoon & a slew of data releases across the world last night. The RBA hiked interes

www.fxcorp.com.au/blog/2022/11/1/25bps-rate-hike-expected-today-in-face-of-stubborn-cpi

25bps Rate Hike Expected Today in Face of Stubborn CPI — FX Corp | Foreign Exchange AUD The Aussie is mixed against majors this morning as investors juggle three impending Central Bank decisions this week which propose significant risks, the first being this afternoon's RBA interest rate decision. Aussie equities were up 1.1%, the Shanghai Comp down 0.8%, Nikkei up 1.8%,

www.fxcorp.com.au/blog/2022/10/31/china-slowdown-and-plunging-commodities-drag-aud-down

China Slowdown and Plunging Commodities Drag AUD Down — FX Corp | Foreign Exchange AUD The Aussie Dollar opens down against major currencies as commodity prices continue to wane, headlined by Iron Ore down -4.3%. Mining stocks responded, dragging the ASX down -0.9% on Friday. Regardless, the index finished the week up +1.6%. Asian equities finished in the red with the Hang Seng

www.fxcorp.com.au/blog/2022/10/26/gaebl9vd6aiei01bdlxt4scb263kbr

AUD Rallies Hard as CPI Remains Stubbornly High — FX Corp | Foreign Exchange AUD The Aussie Dollar found its footing following the better than expected CPI data yesterday, opening higher this morning against all major currency pairs. Asian equities in the green with ASX + 0.2%, Shanghai Comp +0.8%, NIKKEI +0.7%. Commodities were mixed with Crude Oil +3.3%, Natural Gas +6.6

www.fxcorp.com.au/blog/2022/10/26/fresh-aussie-inflation-data-due-at-1130am-today

Fresh Aussie Inflation Data Due at 11.30am Today — FX Corp | Foreign Exchange AUD The Aussie Dollar found some support and gained against all the majors barring the Pound Sterling overnight, and with a busy day ahead there could be more action on the cards. Asian equities were mixed on the close with the CSI300 -0.2% and Nikkei +1%. The ASX finished Tuesday’s session +0.3%

www.fxcorp.com.au/blog/2022/10/25/aud-lower-as-global-pmis-miss-expectations

AUD lower as Global PMIs Miss Expectations — FX Corp | Foreign Exchange AUD AUD is weaker across the board this morning apart from against the Kiwi, struggling to hang on to any of its gains over the weekend. Asian equities finished the session mixed with the Hang Seng underperforming falling 6.5% with technology companies among the worst affected. The ASX was +1.5% o

www.fxcorp.com.au/blog/2022/10/24/aud-rallies-as-bank-of-japan-props-up-weak-jpy

AUD Rallies as Bank of Japan Props Up Weak JPY — FX Corp | Foreign Exchange AUD The Aussie Dollar has enjoyed a profitable weekend, rallying significantly against most majors with risk appetite back in vogue and the surprise currency intervention on Friday night from the Bank of Japan (BoJ). Additionally, commodities supported the AUD’s rally, with Gold

www.fxcorp.com.au/blog/2022/10/19/1ob31ohil2c5fb9c17bhsied4ju4hq

Aussie Unemployment Rate Steady at 3.5% — FX Corp | Foreign Exchange AUD The Aussie had a busy night and opens relatively flat against the majors, overnight volatility driven by US manufacturing data missing expectations as well as what is becoming a game of musical chairs in the UK PM's seat. Aussie Unemployment data was released yesterday mornin

www.fxcorp.com.au/blog/2022/10/20/local-labour-market-report-due-today

Local Labour Market Report Due Today — FX Corp | Foreign Exchange AUD The Aussie Dollar opens mixed against majors, with the ASX up +0.3% led by utility and industrial stocks. Asian equities were mixed on the close with the Hang Seng the worst performer falling -2.4%. Light in the way of data over the past 24h, with the Melbourne Institute (MI) Leading

www.fxcorp.com.au/blog/2022/10/19/rba-meeting-minutes-surprise-kiwi-cpi-runs-hot

RBA Meeting Minutes Surprise, Kiwi CPI Runs Hot — FX Corp | Foreign Exchange AUD A relatively mixed performance for the AUD overnight, even as a relatively hawkish RBA meeting minutes offered some hope for Aussie buyers. Asian equities finished the session largely higher with the CSI 300 underperforming down -0.2%. The ASX was +1.7% on the close led by IT and real estate s

www.fxcorp.com.au/blog/2022/10/18/nz-q3-cpi-remains-steadily-high-at-22

NZ Q3 CPI Remains Steadily High at 2.2% — FX Corp | Foreign Exchange AUD The Aussie Dollar allowed a breather overnight as risk sentiment had a rebound, opening flat against most major currency pairs and up against USD. Asian equities closed yesterday mixed with the ASX -1.4%, SHANGHAI COMP +0.4%, NIKKEI -0.4%. Commodities were down for the most part with

www.fxcorp.com.au/blog/2022/10/17/us-data-remaining-firm

US Data Remaining Firm — FX Corp | Foreign Exchange AUD The Aussie Dollar plows further south against all the major trading pairs, as markets prepare for another jumbo-sized rate hike from the US, erasing any short-lived gains at the end of last week. Asian equities finished Friday’s session overwhelmingly higher, the Nikkei outperformed up 3.25%.

www.fxcorp.com.au/blog/2022/10/12/fresh-us-producer-inflation-numbers-due-tonight

Fresh US Producer Inflation Numbers Due Tonight — FX Corp | Foreign Exchange AUD The Aussie is down against all majors with the exception of the Pound Sterling, with risk off sentiment continuing to rule the markets. Looking at the Asian equities overnight, the ASX is -0.3%, Nikkei index is down -2.6%, and the Shanghai comp was up 0.2%. Commodities also abandoned the AUD w

www.fxcorp.com.au/blog/2022/10/11/sea-of-red-for-aussie-dollar

Sea of Red for Aussie Dollar — FX Corp | Foreign Exchange AUD Aussie Dollar opens down against most majors amidst increased global volatility and weakened risk sentiment. The ASX closed the session down -1.4% in a broad sell-off led by utilities and technology stocks, while Asian equities closed overwhelmingly in the red, with the Hang Seng the worst per

www.fxcorp.com.au/blog/2022/10/10/aud-sinking-against-greenback

AUD Sinking Against Greenback — FX Corp | Foreign Exchange AUD Rocky close to the week for AUD as bulls struggled to gain any traction. Asian equities finished Friday’s session in the red with the Hang Seng the worst performer down 1.5%. Energy stocks offset a 0.8% loss for the ASX with the index ending the week +4.5%, the largest weekly gain in 2 years.