
EUR/AUD, GBP/AUD Outlook: Rates, risk and metals reinforce bearish technical case
EUR/AUD and GBP/AUD are coiling near support, with recent correlations suggesting the Aussie’s strength is being driven more by rates, risk and metals than energy.
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EUR/AUD and GBP/AUD are coiling near support, with recent correlations suggesting the Aussie’s strength is being driven more by rates, risk and metals than energy.

RBA hike pricing has surged as inflation, spending and GDP all beat expectations, adding to tailwinds for the AUD from stronger metals prices.

AUD/NZD eyes a breakout while GBP/AUD and EUR/AUD remain under pressure, though near-term momentum warns of potential Aussie pullbacks.

Australia’s latest inflation report was ugly enough to make mortgage holders feel sick, and traders have responded by rapidly ramping up RBA hike bets. The Aussie is now breaking key levels across the major crosses.

A likely RBA hawkish hold and higher energy prices are strengthening the fundamental case for the Australian dollar against European currencies. EUR/AUD and GBP/AUD are in focus as traders assess whether those macro tailwinds translate to fresh downside.

Several of the key headwinds that hammered the euro earlier this year are starting to fade. Here's why the balance of risks may finally be shifting.

Correlations reveal a simple message: when the dust settles after the Fed, risk appetite matters more than rates.

Australian dollar pairs face key tests as traders brace for RBA and BOJ decisions. Technical outlook for AUD/USD, AUD/JPY and EUR/AUD.

EUR/USD rebounds from 1.15, EUR/JPY stalls below 186 and EUR/AUD eyes fresh gains after a bullish range expansion.

Markets expect the ECB to validate the recent significant hawkish repricing. Updated forecasts and Lagarde's tone may tell a different tale.

EUR/USD faces downside risk, EUR/JPY tests key resistance near 186, while EUR/AUD shows signs of a bullish reversal from long-term support.

Iran peace hopes weighed on the US dollar and lifted risk sentiment, though technicals still point to downside risks for AUD/USD.

The drop in energy prices has triggered a clear shift in FX. Moves in EUR/AUD and GBP/AUD suggest the Aussie’s terms of trade tailwind may be fading.
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