XM does not provide services to residents of the United States of America.
E
E

EURAUD

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Australian dollar on defensive, NZ dollar hits 5-month low

Australian dollar on defensive, NZ dollar hits 5-month low By Wayne Cole SYDNEY, March 28 (Reuters) - The Australian and New Zealand dollars were under pressure on Thursday as hawkish comments from the Federal Reserve gave their U.S. counterpart a lift, while intervention fears supported the Japanese yen. The kiwi dollar NZD=D3 also broke support at $0.5986 to reach its lowest since mid-November at $0.5981. It now risks a retreat to $0.5941 and $0.5863. The Aussie eased 0.1% to $0.6528 AUD=D3 ,
A
A
E
N

Australian dollar dips as inflation undershoots again

Australian dollar dips as inflation undershoots again By Wayne Cole SYDNEY, March 27 (Reuters) - The Australian dollar eased slightly on Wednesday after inflation data surprised on the downside and reinforced expectations the next move in interest rates would be a cut, albeit not for a few months yet. The monthly consumer price index (CPI) for February rose 0.2% from January, keeping the annual pace at a two-year low of 3.4% when analysts had expected a rise to 3.5% or more.
A
A
E
N

Australia dollar draws support from yuan, NZ$ in trouble

Australia dollar draws support from yuan, NZ$ in trouble SYDNEY, March 26 (Reuters) - The Australian dollar steadied on Tuesday as China put a prop under its yuan, while its New Zealand counterpart looked a lot shakier after the loss of major chart support tipped it to a four-month trough. The Aussie firmed to $0.6549 AUD=D3 , after bouncing from $0.6510 the previous session.
A
A
E
N
U

Australia, NZ dollars bounce on yuan turnaround

Australia, NZ dollars bounce on yuan turnaround SYDNEY, March 25 (Reuters) - The Australian and New Zealand dollars bounced on Monday thanks to a turnaround in the Chinese yuan, although resistance was stiff ahead of a key reading on Australian inflation due later in the week. The Aussie AUD=D3 rose 0.4% to $0.6541, having dropped 0.8% on Friday to as low as $0.6511 in part due to a sudden drop in the Chinese yuan.
A
A
C
E
N
U
U

Justifying the resurgent demand for FX options

BUZZ-COMMENT-Justifying the resurgent demand for FX options March 22 (Reuters) - After months of heavy selling, FX option implied volatility i s trading at multi year lows across all currency pairs and expiry dates, so it's probably no surprise to see a rapid recovery as risk aversion/USD demand sweeps across the market. That risk aversion appears to have started in USD/CNH in Asia Friday amid a sharp spike to new 2024 highs.
A
A
C
E
E
G
N
U
U
U

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.