AUD/USD trades higher on Monday after US data last week surprised to the downside, weighing on USD. The RBA could adopt a hawkish tone at their...
The Australian Dollar rises on risk-on sentiment after softer US jobs data released on Friday. The Australian Dollar received strength from the hawkish sentiment surrounding the RBA....
AUD/USD holds positive ground near 0.6610 in Monday’s early Asian session. The US Nonfarm Payrolls (NFP) came in weaker than expected in April, along with lower-than-expected...
The Australian Dollar rises on hawkish sentiment surrounding the RBA prolonging higher interest rates. Australia’s central bank is expected to maintain its current rate at 4.35%...
Australia’s Judo Bank Services Purchasing Managers Index (PMI) slipped back in April, printing at 53.6 compared to the previous month’s 54.4. New Services business increased at...
The Australian Dollar rises as positive market sentiment favors the risk-sensitive currencies. The Australian Dollar cheered the hawkish sentiment surrounding the RBA despite the weaker Aussie...
AUD/USD gains ground near 0.6525 in Thursday’s early Asian session. The Fed kept its benchmark rate in a targeted range between 5.25%-5.50%, as widely expected. The recent Australia’s March retail...
The Australian Dollar extended losses after weaker domestic data this week. The Australian Industry Index indicated prevailing contractionary conditions in private business activity. The US Dollar continues...
AUD/USD has broken out of the neat rising channel it was rallying within on the 4-hr chart. The pair is likely to go lower, falling to...
On Tuesday, China’s Politburo, the country’s top leadership, said they “will implement prudent monetary policy, proactive fiscal policy.” Additional quotes Will flexibly use policy tools, including...
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) rose to 51.4 in April, compared to the expansion of 51.1 seen in March, according to the latest data...
AUD/USD advances on improved risk sentiment and the impact of Japanese intervention on the US Dollar. US economic data shows a slight decline in the Dallas...
AUD/USD is in a short-term uptrend that is extending. The pair is pulling back within a rising channel. It will probably find support at the lower...
The Australian Dollar appreciates, propelled by an increasing hawkish sentiment surrounding the RBA. Australia’s Retail Sales could provide insight into consumer spending habits on Tuesday. The...
AUD/USD kicks off the new week on a stronger note near 0.6535. The US Personal Consumption Expenditures (PCE) Price Index climbed by 2.7% YoY in March, above the market consensus...
AUD/USD extends rally after US core PCE beats estimates The lack of a reaction may be as a result of the US Dollar already pricing in...
The Australian Dollar remains firmer due to the hawkish sentiment surrounding RBA’s rate trajectory. The Australian Dollar gains in response to the Aussie 10-year yield hitting...
Following his meeting with US Secretary of State Antony Blinken early Friday, China’s Foreign Minister Wang Yi said that the Sino-US “relationship has stabilized but negative...
AUD/USD steady after a 0.33% gain Thursday, spurred by US GDP and rising inflation. Market now expects the first Fed rate cut in November, not September,...
AUD/USD falls back down below 0.6500 after US Q1 GDP data reveals persistent price pressures. The pair reverses the strong rally that has characterized price action...