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...
The Australian Dollar gains ground as the Aussie 10-year Government Bond Yield reaches a four-week high of 4.52%. Australia’s Private Capital Expenditure rose 1.0% in Q1,...
The Australian Dollar appreciated after the higher-than-expected consumer inflation was released on Wednesday. Australia’s Monthly Consumer Price Index rose 3.6% YoY in April, surpassing the expected readings...
The Australian Dollar continues to gain ground due to improved risk appetite. Australia’s Retail Sales grew 0.1% in April, against the expected 0.2% and the previous...
AUD/USD moves higher to 0.6650 ahead of crucial Australian economic data. Investors expect that the Fed will consider rate cuts in the last quarter of this...
The Australian Dollar gained ground due to risk-on after softer UoM 5-year Inflation Expectation on Friday. Australian equities rose above 7,770, following gains on Wall Street...
AUD/USD kicks off the new week on a positive note around 0.6632 on Monday. The US Durable Goods Orders came in better than expected; the UoM...
AUD/USD refreshes five-day low near 0.6640 amid cautious market mood. Investors await the FOMC minutes to project the next move in the US Dollar. US bond...
AUD/USD is probably completing a Bull Flag continuation pattern with bullish implications. A break above the May 16 high would validate the pattern and indicate more...
The Australian Dollar moves back and forth ahead of FOMC Minutes on Wednesday. RBA Minutes suggested that the board had considered raising rates in May but...
AUD/USD remains virtually unchanged at 0.6668, following a 0.03% loss against the US Dollar. Fed officials Bostic, Waller, and Barr highlight the priority of achieving a...
The Australian Dollar extends losses due to risk aversion sentiment on Tuesday. Australia’s Consumer Confidence fell 0.3% MoM in May, marking the third consecutive month of decline....
The Australian Dollar extends losses due to risk aversion sentiment on Tuesday. Australia’s Consumer Confidence fell 0.3% MoM in May, marking the third consecutive month of decline....