Latest news with #AUDUSD
Wall Street Journal
13-06-2025
- Business
- Wall Street Journal
AUD/USD Breaks Below Key Support as Israel's Attack Elevates Risk-Off Mood
0143 GMT—AUD/USD breaks below key support at 0.6480 as Israel's attack on Iran elevates risk-off mood, Westpac Strategy Group's Kaitlyn Buhariwalla says in commentary. 'This flare up in risk opens up further downside risks for AUD/USD moving into next week,' the strategist says. Key levels on the downside are the 0.6390-0.6410 and the 0.6350-0.6360 areas, the strategist adds. AUD/USD slips 1.0% to 0.6467. 0152 GMT — Risky assets could pull back amid rising geopolitical risks in the Middle East, DBS Group Research's Chang Wei Liang says in commentary. The forex and credit strategist notes news that Israel launched a wide-ranging attack on Iran's nuclear program. 'This is in the wake of limited progress in talks between U.S. and Iran on curtailing the latter's nuclear program,' he says. 'Markets will carefully assess risks of an escalation,' the strategist says. 'Safe havens such as CHF and JPY have rallied,' the strategist adds. USD/JPY falls 0.3% to 143.08; USD/CHF drops 0.4% to 0.8069. (
Yahoo
26-05-2025
- Business
- Yahoo
AUD/USD's Bias May Remain Bullish Above 0.6400
FOREIGN EXCHANGE 0137 GMT — AUD/USD's bias remains bullish above 0.6400, based on technical charts, StoneX's Matt Simpson says in commentary. On Friday, the currency pair formed a 'bullish engulfing candle,' and is now trading around 0.
Yahoo
26-04-2025
- Business
- Yahoo
Leveraging FX futures and options to navigate volatile market conditions
FX has seen a remarkable increase in volatility observed in the four months after the U.S. election in November last year compared to the prior 10 months. Key announcements made by the new U.S. presidential administration, along with its wider pledge to upend global trade, have led to large market moves in a wide array of currencies across G7 and EM pairs. Volatility has increased by up to 60% or more in some currency pairs such as EUR, CAD or CNH. In turn, higher FX volatility and the resulting substantial increase in daily trading ranges across most currency pairs represents a significant opportunity for market participants. In particular, comparing the average daily range of the futures market to its average bid-ask spread can provide traders with a savvy way of assessing opportunity for profits while looking into trading a new financial instrument. Volatility Range/Spread Ratio EURUSD 61% 85.3 130.65 53% USDJPY 3% 105.54 100.2 -5% AUDUSD 16% 85.3 88.95 4% GBPUSD 27% 67.24 80.65 20% USDCAD 42% 57.91 72.62 25% USDCNH 40% 16.38 23.91 46% *Range/Spread refers to the average daily range divided by the average daily Bid-Ask spread in the CME FX Futures marketplace. Range is defined by the day's market high minus the day's market low. Source: Range and Spread data: CME Group; Volatility data: Bloomberg. CME Group FX futures and options markets offer market participants a deep pool of lit, firm, anonymous all-to-all FX liquidity to navigate the volatile market conditions. Volume growth was particularly strong in currency pairs which have seen the strongest increases in volatility, such as EUR and CAD, with FX options volume growth in these pairs showing the best performance overall. Average Daily Volume,JAN - 18 MAR 2024 ($mln) Average Daily Volume,JAN - 18 MAR 2025 ($mln) Average Daily Volume Change, JAN - 18 MAR 2025 vs. Same Period 2024 ($mln) EURUSD Futures & Options 35,906 42,245 18% JPYUSD Futures & Options 15,649 17,773 14% AUDUSD Futures & Options 7,369 7,475 1% GBPUSD Futures & Options 9,049 10,497 16% CADUSD Futures & Options 6,696 9,986 49% Source: CME Group FX options volumes were up by 87% YoY, while futures volumes were up by 14% in $ notional terms. Volume growth was the strongest for EUR and CAD options, at 125% and 170% respectively. JPY options were up 60%. JPY options set a new record on the 17th of March with $7.7B traded. CAD futures volumes were also up 45% over the same period. All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience. CME Group Inc. does not have control over the content, accuracy, quality, or legality, of any third-party product, service, or content advertised on this webpage. The presence of such advertisements on this webpage does not signify any association, partnership, or endorsement of the third-party or its content by CME Group Inc. Full disclaimer Copyright © 2025 CME Group Inc. Sign in to access your portfolio
Globe and Mail
10-04-2025
- Business
- Globe and Mail
Aussie Could Be Finishing A Bearish Impulse
AUDUSD is making a very strong drop, coming out of a triangle as stocks remain in risk-off mode. We're seeing a sharp move to new lows for 2024, but keep in mind that moves out of a triangle are final in a sequence. So, despite the strong sell-off, we wouldn't be surprised if the market tries to stabilize, which is already happening according to RSI divergence. We have nice bounce so far, but it can still be a bit too soon for bullish call, but this will change if we see daily/weekly closes above 0.6218. For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on April 07 2025:
