Flash: Weaker AUD trend is likely to continue - HSBC

FXstreet.com (Barcelona) - Moving forward, the HSBC FX Research Team sees three predominant themes ensuring the AUD continues to fall in the coming months, these being Fed tapering, RBA wants weaker AUD and China slower growth. HSBC adds that "market expectations of weaker growth in Asia and China, in particular, are likely to point towards future selling of the AUD."

Jul 12, 2013

Flash: USD shifts to neutral outlook in week ahead – Westpac

Near-term tapering expectations were heavily deflated by Bernanke’s comments that the, unemployment rate overstates the health of the jobs market, and that it’s too early to say if the economy has weathered fiscal restraint, notes Sean Callow, a Global FX Strategist at Westpac.

AUD/JPY holds above key 90.00 level

The AUDJPY foreign exchange cross rate is last trading near session highs at 90.89, off early NY session and weekly lows highs at 90.09, printed on the back of Aussie weakness.