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Research Results

Results for 'EURAUD'

2 articles with this tag name

EURAUD is looking a little nervous in the near-term

Updated -  Jul 14, 2015 1:28:42 AM

The euro was assaulted by sellers overnight, despite a last-ditch bailout deal for Greece. EURUSD even dropped through 1.1000 early in the Asia session, after briefly touching 1.1200 overnight. It’s true that PM Tsipras still has to pass this deal through Greek parliament, but it seems he’ll have enough support, although he’ll likely have to look on the other side of the bench. Nonetheless, the euro has been on the back foot throughout the last  [...] Continue Reading

EURAUD: eyes on Greece and then the RBA

Updated -  Jul 3, 2015 12:45:59 AM

It’s been another eventful day for the Australia dollar following the release of softer than expected domestic retail sales numbers. Retail sales increased a measly 0.3% m/m in May, after falling a revised 0.1% in April. The market was expecting sales to have increased 0.5% over the month, thus the aussie sunk on the back of the figures. In fact, AUDUSD was hit very hard, considering the numbers only just missed expectations. However, the Australia  [...] Continue Reading

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