Articles by: Miroslav Marinoff

AUD/USD loses ground, Australian employment data still weighs

Australian dollar traded lower against its US counterpart on Friday, as yesterdays employment data concerning Australia fueled concerns that nations central bank may further reduce borrowing costs in order to stimulate economy. AUD/USD touched a daily low at 0.8802 at 2:20 GMT, after which consolidation followed at 0.8810, falling 0.13% for the day. Support was […] Read more

AUD/USD tumbles to 3 1/2-year lows as Australian employers cut jobs

Australian dollar fell to lows unseen in 3 1/2 years against its US counterpart on Thursday, after a report said that Australian employers unexpectedly cut jobs, while the rate of unemployment in the country remained steady in December. AUD/USD plummeted to a daily low at 0.8796 at 7:20 GMT, also the pairs lowest point since […] Read more

AUD/USD falls as US retail sales report supports the view of further tapering by Fed

Australian dollar traded lower against its US counterpart on Wednesday, after yesterdays report on retail sales in the United States supported expectations that the Federal Reserve Bank may continue to pare back its monthly monetary stimulus throughout the year. AUD/USD touched a session low at 0.8908 at 7:10 GMT, after which consolidation followed at 0.8912, […] Read more

AUD/USD retreats from one-month highs ahead of US retail sales report

Australian dollar slid from highs unseen in a month against its US counterpart on Tuesday ahead of the release of US retail sales report later in the day, while the Aussie may be tempered also ahead of the employment data, due out on January 16th from Australia. AUD/USD touched a session low at 0.9020 at […] Read more

AUD/USD close to one-month highs on job outlook in Australia

Australian dollar traded in proximity to highs unseen in one month against its US counterpart on Monday on prospects that jobs in Australia rose a second month in December before the official report, scheduled for release on January 16th, while US non-farm payrolls came short of expectations last Friday. AUD/USD climbed to a session high […] Read more

Outlook for USD/CHF during the upcoming week

US dollar retreated against the Swiss franc on Friday, after an official report revealed that US non-farm payrolls disappointed in December, raising concerns the Federal Reserve Bank may need to reconsider the pace of scaling back its monthly monetary stimulus. Having touched a session low at 0.9006 at 15:00 GMT, also the lowest point since […] Read more

AUD/USD hits one-month highs as US non-farm payrolls disappoint

Australian dollar rose to highs unseen in one month against its US counterpart during late US session on Friday, after the keenly anticipated non-farm payrolls report introduced disappointment, which may urge the Federal Reserve Bank to reconsider the pace of scaling back its monetary stimulus. AUD/USD advanced to a session high at 0.9005 at 20:35 […] Read more

AUD/USD little changed, poised for a weekly drop

Australian dollar traded little changed and was set for a weekly drop against its US counterpart on Friday ahead of the release of US non-farm payrolls report, which may urge the Federal Reserve Bank to continue tapering its monetary stimulus. AUD/USD reached a daily low at 0.8876 at 1:05 GMT, after which consolidation followed at […] Read more

AUD/USD retreats on Fed taper outlook

Australian dollar traded lower against its US counterpart on Thursday on speculation that US non-farm payrolls report on Friday may urge the Federal Reserve Bank to continue scaling back its monetary stimulus. AUD/USD touched a session low at 0.8866 at 2:10 GMT, after which consolidation followed at 0.8878, falling 0.25% for the day. Support was […] Read more

AUD/USD trades slightly lower ahead of Fed minutes

Australian dollar traded lower against its US rival on Wednesday amid speculation that the Federal Reserve Bank may proceed with its plans to taper stimulus, as markets awaited the release of the minutes of Feds most recent policy meeting. AUD/USD touched a daily low at 0.8902 during the early phase of Asian trade, after which […] Read more