Chance for Australian Dollar (AUD) to drop further; given the deeply oversold conditions, a sustained decline below 0.6080 appears unlikely today. In the longer run, AUD...
The Australian Dollar declined as US President Donald Trump set tariffs against China, Canada, and Mexico. China’s Caixin Manufacturing Purchasing Managers’ Index fell to 50.1 in...
AUD/USD weakens to around 0.6155 in Monday’s early Asian session, down 0.95% on the day. The White House planned 25% tariffs on Mexico, Canada; 10% on...
AUD/USD hovers above 0.6200, defending mild bids amid US tariff concerns and weak Chinese data. US PCE data showed no surprises, Fed remains cautious. RBA dovish...
Trump reiterates tariff threats on Mexico, Canada, and China. Fed maintains cautious stance on inflation risks, holding rates steady. AUD/USD hovers near 0.6215 amid RBA rate...
The Australian Dollar depreciates as traders await more clarity from Trump’s tariff policies. The Australian Dollar faces challenges amid the increased likelihood of the RBA rate...
AUD/USD trades sideways above 0.6200 ahead of US Q4 GDP data. The Fed guided a cautious stance on interest rates amid fears of stalling disinflation trend....
The Reserve Bank of Australia published its January 2025 Bulletin, including an in-depth explainer on how: Changes to monetary policy affect interest rates in the economy....
The Australian Dollar appreciates following the release of the Export Price Index on Thursday. Australian Bureau of Statistics showed export prices rose by 3.6% QoQ in...
Federal Reserve leaves rates unchanged at 4.25%-4.50% as expected. Fed statement removes prior language on inflation progress, signaling a cautious approach. AUD/USD drops to 0.6220 as...
AUD/USD declines to near 0.6220 as soft Australian CPI data has boosted RBA dovish bets. Year-on-year Australian CPI rose at a slower pace of 2.4% in...
The Australian Dollar depreciates following the release of softer CPI data on Wednesday. Australia’s Monthly CPI for December 2024 increased by 2.5% YoY, remaining within the...
Australian Treasurer Jim Chalmers said on Wednesday, “the worst of the inflation challenge is well and truly behind us.” He noted further that “the soft landing we...
Australia’s Consumer Price Index (CPI) rose 0.2% QoQ in the fourth quarter (Q4) of 2024, compared with the 0.2% increase seen in the third quarter, according to the...
The Australian Dollar gains ground as the RBA is widely expected to hold a hawkish stance regarding its policy outlook. The AiG Industry Index eased in...
AUD/USD trades flat around 0.6880 in Wednesday’s early Asian session. Fed’s Powell seems to favor a gradual easing path. China’s stimulus plans and hawkish RBA might...
The Australian Dollar gains ground as Retail Sales exceeded the expected increase in August. The AUD remains solid as the RBA could keep the monetary policy...
AUD/USD clings to gains above 0.6900 ahead of Fed Powell’s speech. An expected acceleration in the US core PCE inflation has weighed on market expectations for...
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) contracted to 49.3 in September after reporting 50.4 in August, the latest data showed on Monday. Meanwhile, the Chinese Caixin...
AUD/USD gains traction from risk-on sentiment and China’s stimulus measures. Hawkish RBA stance and soft US inflation maintain upside potential for AUD/USD. Markets are still betting...