China’s Consumer Price Index (CPI) rose 0.1% YoY in March after reporting a 0.7% growth in February. The market forecast was for a 0.4% increase. Chinese CPI inflation came...
Australian Dollar marked to four-week high at 0.6644 on Tuesday. Australian currency strengthens on investors’ doubts surrounding the RBA’s rate cuts in 2024. US Dollar receives...
AUD/USD trades in positive territory near 0.6630 on Wednesday, the highest in two weeks. US March inflation report on Wednesday will be in the spotlight as...
AUD/USD climbs to 0.6635 as US Dollar dips amid upbeat market mood. US yields fell as Fed Goolsbee warns about risks to labor market if interest...
Australian Dollar holds ground amid improved risk appetite on Tuesday. Australia’s Westpac Consumer Confidence fell by 2.4% in April, against the previous decline of 1.8%. US...
Australian Dollar moves higher after recovering daily losses amid a stronger ASX 200 Index. Australia’s equity market strengthens following Friday’s gains on Wall Street. US Dollar...
In a readout following the conclusion of the meeting between U Treasury Secretary Janet Yellen and China’s Finance Minister Lan Fo’an, the US Treasury Department said...
Aussie’s reversal has been contained above 0.6555, which leaves the positive momentum intact. The pair withstood the bullish US Dollar reaction after the NFP release. A clear break...
Australian Dollar depreciates after the release of mixed domestic economic numbers. Australia’s Trade Balance fell to 7,280M MoM in March from February’s reading of 10,058M. US Dollar...
AUD/USD extends its winning streak on weak US Dollar. The US Dollar weakens as poor US ISM Services PMI dampens the economic outlook. Surging global commodity...
Australian Dollar gains ground on improved domestic economic data on Thursday. Australia’s Judo Bank Services and Composite PMIs improved to 54.4 and 53.3, respectively, in March....
AUD/USD edges up, buoyed by Fed’s rate talk and mixed US data. Fed’s data-focused rate policy, strong US job market, and services data are headwinds for...
Australian Dollar faced challenges due to the lower ASX 200 Index on Wednesday. Australian Industry Group Industry Index improved to a reading of -5.3 from -14.9...
China’s Services Purchasing Managers’ Index (PMI) improved to 52.7 in March, compared with the February print of 52.5, the latest data published by Caixin showed on...
Australian Dollar retraces its recent losses amid a stronger US Dollar. RBA minutes revealed that the board did not consider the possibility of increasing interest rates....
The Aussie extends losses against a stronger USD as US data beats expectations. The US manufacturing sector expands with the prices sub index at recent...
AUD/USD trades sideways around 0.6500 as the focus shifts to US NFP data. Fed Powell sees no need to rush for rate cuts. Investors await the...
Australian Dollar gains ground on encouraging Chinese PMI data. RBA Meeting Minutes are awaited to be released on Tuesday. Chinese Manufacturing PMI came in at 51.1,...
AUD/USD stands still with the market awaiting the US Core PCE inflation figures and personal spending insights. Forecasts suggest a slight slowdown in Core PCE inflation...
Australian Dollar remains tepid as market bias leans towards RBA adopting a dovish stance. Australia’s central bank may consider cutting interest rates in the second half...