AUD

AUD; Are you trading the commodity currency?

The Australian Dollar (AUD) is commonly referred to as a commodity currency. As in, the relative strength of the currency is correlated with the price of certain commodities. For the AUD, Iron Ore and precious metals are the commodities that...

Is the AUD still a short as it heads to 73 cents?

The AUD is currently on the radar of a few account managers at BlackBull Markets. Being based in New Zealand, our closest neighbour's currency is a reasonably popular instrument to follow. News affecting the AUD will typically circulate the office...

Has the AUD peaked in 2021?

Has the AUD peaked in 2021? What things might we consider when evaluating where the AUD will move in July and beyond? Volatility has definitely subdued in the pair, as the worst of the pandemic is likely behind us. For...

Will Oil Hit 100 Dollars A barrel in 2021?

Oil hitting one hundred dollars per barrel sometime in the next six months is the bullish sentiment held by many financial institutions. Analysts expect that oil producers will not be capable of ramping up supply in time to meet an...

Week ahead – GDP, CPI & Unemployment

This week ahead, we have a plethora of data coming out across the world dictating the strength of "main street" and its contribution to the Coronavirus Pandemic's global recovery....

AUD/USD Prime for 0.80c?

We see the AUD/USD play well into the macro recovery story. The historically known commodity currency blasted past 0.75c in the latter part of 2020....

Is the future for the Australian dollar downwards?

AUD/USD has been a strong performer in the currency markets, returning just under 30% since its March lows. We talked about how the Australian dollar was poised for a rally on a market recovery earlier this year....

Week ahead! Speeches, Interest Rates and PMI’s

Hello traders! This week ahead, we have many events that directly affect significant currencies such as the GBP, USD, the NZD, and the Euro. Trades should be aware of these critical events not to be whipsawed by the market. Here...

PBoC, Inflation and Jobless Claims – Week ahead

The markets continue to grapple with the immediate effects of the Coronavirus. The second wave in pockets of the world has forced cities to take active measures to control the virus. Melbourne, Australia has gone into a secondary lockdown while...
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