Share: Australian Dollar sustains a bullish sentiment on the dovish outlook from the Fed. Australian Trade Minister Don Farrell conveyed confidence that China will eliminate punitive...
Share: AUD/USD holds positive ground near 0.6700, down 0.03% on the day. The preliminary US S&P Composite PMI for December arrived at 51.0 vs. 50.7 prior,...
Share: The AUD/USD hovers near the 0.6715 level after hiting a daily high of 0.6725. The US preliminary S&P PMIs from December came in mixed, with...
Share: Citing three sources with knowledge of the matter on Friday, Reuters reported that Chinese leaders agreed at an annual meeting on the economy this week...
Share: Following the release of the high-impact economic data from China for November, the National Bureau of Statistics (NBS) offered its view on the economy. Key quotes (via Reuters) China economy...
Share: AUD/USD hit a four-month high in early Thursday on Australian data beats. Broad-market risk rally fueled by Fed rate cut expectations extends into a second...
Share: Australian Dollar surges to four-month highs as US Dollar loses ground after Fed decision. Australia’s Consumer Expectations reduced to 4.5% and Employment Change rose substantially...
Share: The Australian Dollar is looking weak after rejection at 0.6615. The US Dollar remains steady as hopes of a Fed pivot fade. AUD/USD is...
Share: Australian Dollar hovers around a major level ahead of the US PPI, Fed policy decision. Australia’s Treasurer Jim Chalmers presented a budget forecast of AUD...
Share: Australian Treasury presented the Mid-year Economic and Fiscal Outlook (MYEFO) on Wednesday, with the key highlights noted below. 2023/24 budget deficit at a$1.1 bln vs...
Share: US CPI inflation in line with expectation, US Dollar drops then recovers sharply. US Dollar Index holds in negative territory for the day. The AUD/USD...
Share: Australian Dollar moves upward on a hawkish sentiment from the RBA Governor Michele Bullock. Australia’s chief policymaker Bullock indicated the RBA’s focus on supporting a...
Share: AUD/USD traders are awaiting a busy economic calendar In the week, with the focus on the latest Federal Reserve meeting. US jobs data last week...
Share: Economists at Rabobank expect the AUD/USD pair to rise throughout the next year. Interest rate differentials look set to offer AUD support through much of...
Share: Australian Dollar continues to move downward on the firm US Dollar. Australia’s chief policymaker Michele Bullock will deliver a speech on Tuesday. China’s CPI declined...
Share: AUD/USD loses ground near 0.6572 on the stronger US Dollar. US Nonfarm Payrolls (NFP) for November rose by 199K vs. 150,000 prior, above expectations. The...
Share: The AUD/USD is oscillating around the 0.6580 level, reflecting a decline of 0.25%. US Labor market data from November showed that wages and job creation...
Share: The Australian Dollar maintains a mild positive tone with bears capped at 0.6590 so far. The pair is likely to remain in range ahead...
Share: AUD/USD remains confined near 0.6600 in the early Monday session. US weekly Initial Jobless Claims surged to 220K, Continuing Claims dropped to 1.861M vs. 1.925M...
Share: Australian Dollar’s recovery is losing steam at 0.6570 area. Weak China’s data is adding pressure on the Aussie. The technical picture remains bearish while below 0.6595....