Share: According to the official data released by the Australian Bureau of Statistics (ABS) on Thursday, Australia’s Unemployment Rate came in at 3.7% in August, compared...
Share: AUD/USD oscillates in a narrow range around 0.6418, losing 0.12% on the day. The pair trades above the 50- and 100-hour EMAs on the one-hour...
Share: AUD faced a difficult August. Economists at CIBC Capital Markets analyze Aussie’s outlook. August sell-off to partially reverse over the medium-term We have revised our...
Share: AUD/USD trades sideways near 0.6430. Economists at Société Générale analyze the pair’s technical outlook. Inability to cross 0.6525 could result in further decline AUD/USD failed...
Share: AUD/USD gains momentum above 0.6420 amid the selling pressure in USD. Markets have been priced in the possibility of a 93% rate hold at the...
Share: AUD/USD consolidates in a one-week range around 0.6395 on Monday. Reserve Bank of Australia (RBA) Governor said the Unemployment Rate can sustain near 40-year lows...
Share: AUD/USD trades sideways near 0.6400, following the footprints of the US Dollar. Fed speakers supported keeping interest rates unchanged in the September monetary policy. The...
Share: AUD/USD trades flat at 0.6375 as Australia posts a trade surplus of A$8 billion in July, missing estimates and sparking risk-off sentiment. US jobless claims...
Share: AUD/USD traded in the 0.6360 – 0.6400 range on Wednesday. USD gained momentum after ISM Service PMIs and the Fed’s Beige Book releases. The odds of...
Share: AUD/USD stages a modest recovery from the YTD trough, albeit lacks follow-through. A slightly better Australian GDP lends support to the pair amid subdued USD...
Share: AUD/USD consolidates after Australia’s upbeat GDP data. Momentum indicators suggest that the pair remains to be bearish in the short term. The region near 0.6350...
Share: According to the official data published by the Australian Bureau of Statistics (ABS) on Wednesday, Australia’s Gross Domestic Product (GDP) rose 0.4% in the second...
Share: AUD/USD holds lower grounds at yearly bottom after falling the most in five weeks the previous day. RBA’s dovish halt, firmer US Treasury bond yields...
Share: AUD/USD takes offers to refresh weekly low, prods short-term key support line. Unimpressive RBA verdict, US Dollar’s rebound favor Aussie pair sellers. Clear downside break...
Share: China’s Services Purchasing Managers’ Index (PMI) fell sharply to 51.8 in August, as against an expansion of 54.1 seen in July, according to the latest...
Share: AUD/USD trades inside Friday’s range as investors sidelined ahead of the RBA policy. The US Dollar remains sideways as the US markets will remain closed...
Share: AUD/USD consolidates above 0.6450 after the US mixed employment data. Investors turn cautious on the expected 25 bps rate hike by the Fed, following the...
Share: AUD/USD turns lower for the sixth straight day and slides back closer to the YTD low. China’s economic woes continue to exert pressure on the...
Share: AUD/USD takes offers to refresh yearly bottom during seven-day downtrend. Sustained downside break of key support line, bearish MACD signals favor Aussie sellers. Descending trend...
Share: Economists at Commerzbank expect the Reserve Bank of Australia (RBA) to stand pat following the publication of Australian jobs report. RBA might stay on hold...