BNP Paribas – Stay short AUD & USD/JPY to rise further

From the French bank’s stat team: AUD weakness justified…..stay short AUD AUD’s weakness this morning is no surprise given the stretched positioning amid the weakness of the …
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Highlights from the RBA statement

RBA: Most prudent course is likely to be period of stability for rates RBA: Weakening China property markets a challenge in near term RBA: Australian Dollar remains above estimates …
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AUD/USD fails to rally, 0.92 test seems imminent

AUD/USD began the day around 0.9270 and was holding near that level until the Tokyo open. The Yen rallied at the Tokyo open, pushing AUD/JPY to fresh lows below 94.00. The risk-off …
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AUD/USD – Huge 0.93 option expiry might keep things quiet

AUD/USD mostly consolidated around the 0.93 level during the Asia session. USD strength weighed on the Aussie, but cross flows were supportive with AUD/NZD rallying back above 1.10 …
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Goldman Sachs FX Spot Desk Strategies

Summary of our Traders’ Strategies: EUR: I maintain a core short and will only add on rallies, with 1.3480 now being a sell point and a stop lowered to 1.3530 (ideally 1.3550 for …
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