Australian Dollar drops 0.37% against the US Dollar, trading at 0.6668. US Treasury yields rise, overshadowing upbeat market sentiment and pressuring AUD. Focus shifts to RBA...
The Australian Dollar appreciates due to improved risk appetite on Monday. The Australian Dollar may struggle as Australia’s 10-year bond has dropped to its monthly lows. The...
AUD/USD posts modest gains around 0.6695 on Monday. The markets remain unconvinced that the Fed will pivot earlier than previously expected. Australia’s Unemployment Rate rose more than...
AUD/USD has reached the bullish target for a price pattern that formed at the April 19 lows. It is currently correcting back but the overall uptrend suggests...
The Australian Dollar extends its losses after mixed economic data from China on Friday. The Australian Dollar struggles as Australia’s 10-year bond yield has dropped to...
The Australian Dollar loses ground due to dovish sentiment surrounding RBA’s policy stance. The Australian Unemployment Rate increased to 4.1% in April, from the previous reading...
The Australian Unemployment Rate is expected to continue rising in April. Employment Change could post a modest improvement after March’s slump. AUD/USD could run past 0.6700...
Australian Dollar gained over 1% against the US Dollar, on Wednesday. US April CPI rose by 0.3% MoM, core CPI dipped as expected. Australian wages grew...
AUD/USD moves higher to 0.6620 amid cheerful market mood and a decline in the US Dollar. Stubborn US PPI data fails to boost the US Dollar’s...
The Australian Dollar received pressure due to the dovish RBA. Australia’s Treasury predicted that CPI inflation would decrease to 3.75% by mid-2024. The US Dollar remains...
The Australian Dollar has depreciated due to the dovish sentiment surrounding the RBA. Australia’s Treasury announced that inflation could re-enter the RBA target range by the end...
AUD/USD trades with mild positive bias near 0.6605 on Monday. Fed officials reiterated on higher-for-longer mantra, supporting the USD against its rivals. Australia’s government stated inflation could moderate to...
AUD/USD is consolidating after reversing its short-term trend and beginning a new uptrend. A break above 0.6624 would confirm more upside for the pair. AUD/USD may...
The Australian Dollar retreated due to the improved US Dollar on Friday. The Australian Dollar is facing pressure due to the less hawkish stance of the...
The Australian Dollar extends its losses due to a less hawkish stance by the RBA. Australian Retail Sales declined in the first quarter, swinging from the...
The Australian Dollar lost ground after the RBA’s policy decision to keep its interest rate unchanged. The Australian Central Bank maintained its forward guidance of “not ruling...
AUD/USD is correcting back within a short-term uptrend. It will probably eventually find support and resume its bullish bias. The pair may have formed a Measured...
The Australian Dollar rises due to the hawkish sentiment surrounding the RBA’s policy decision. The Australian central bank is anticipated to keep the cash rate unchanged...
AUD/USD steady at 0.6624; focus on upcoming RBA decision, quiet US data, and UK bank holiday. Wall Street ends higher, driven by optimism over potential Fed...
Interest rate in Australia will likely stay unchanged at 4.35%. Reserve Bank of Australia Governor Michele Bullock to keep her options open. Australian Dollar bullish case...