Australia’s Unemployment Rate dropped to 4.0% in May, compared with the expectations of 4.0% and the previous figure of 4.1%, according to the official data released by the...
The AUD/USD saw a decline after the release of the Federal Reserve’s decision. The projection of higher interest rates seems to be favoring the USD. The...
China’s Consumer Price Index (CPI) increased by 0.3% over the year in May, at the same pace as seen in April. The reading missed expectations for a 0.4% growth...
AUD/USD wades through mixed trading as sellers regain momentum. Focus is now on Wednesday’s US inflation figures and Fed dot plot. Australia releases mixed NAB business...
The Australian Dollar loses ground due to risk aversion as Fed decision looms. The Australian Dollar may limit its downside as RBA expects to maintain higher...
AUD/USD rebounded on Monday as sellers took a breather. All eyes are now on Wednesday’s session where the US releases inflation figures and the Fed makes...
AUD/USD looks vulnerable to breaking out of the bottom of a range and declining substantially lower. The steepness of the sell-off on Friday is a further...
The Australian Dollar retraces its recent losses due to the hawkish sentiment surrounding the RBA. The Australian Dollar may remain calm on a thin trading day resulting from...
AUD/USD weakens near 0.6580 in Friday’s early Asian session. The strong US employment data prompted traders to push back the expected timing of Fed rate cuts....
China’s Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from the previous figure of CNY513.45 billion. Exports jumped by 11.2% YoY...
AUD/USD posts modest gains around 0.6670 in Friday’s early Asian session. The softer US employment data this week triggered the Fed rate cut expectation in September....
The Australian Dollar rises as the Aussie Trade Surplus widens in May. The Australian Bureau of Statistics reported a Trade Balance figure of 6,548 million MoM...
AUD/USD stays flat at 0.6648 after mixed US data and speculations of Fed rate cuts. US ISM Services PMI rises to 53.8, while ADP private hiring...
The Australian Dollar appreciates after the release of the lower-than-expected GDP data on Wednesday. Australia’s GDP grew 0.1% QoQ in the first quarter, falling short of...
China’s Caixin S&P Global Manufacturing Purchasing Managers’ Index (PMI) rose from 51.4 in April to 51.7 in May, according to the latest data released on Monday. The...
AUD/USD trades in positive territory for the third consecutive day around 0.6655 on Monday. The US PCE index rose 0.3% MoM in April, matching the expectation. ...
AUD/USD is unfolding an up leg within a range which is approaching the range highs. If it reaches the highs the pair could reverse and begin...
The Australian Dollar consolidates after China’s PMI was released on Friday. The AUD could appreciate due to the hawkish sentiment surrounding the RBA hiking rates again. The...
China’s official Manufacturing Purchasing Managers’ Index (PMI) dropped from 50.4 in April to 49.5 In May, the latest data published by the National Bureau of Statistics...
Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter said early Thursday that “we agree with the Treasury forecast on inflation.” Additional comments CPI confirmed there...