Share: AUD/USD comes under some selling pressure on Friday amid some follow-through USD buying. Hawkish Fed expectations push the US bond yields higher and continue to...
Share: AUD/USD holds onto the previous day’s bearish technical confirmation as China data favored bears. China CPI, PPI both disappoint with softer numbers for January. Downside...
Share: AUD/USD catches fresh bids on Thursday and rallies back closer to the weekly high. The uncertainty over the Fed’s rate-hike path weighs on the USD...
Share: AUD/USD clings to mild gains during two-day rebound from monthly low. Sustained break of 200-EMA joins upbeat oscillators to favor buyers. Two-week-old horizontal resistance area...
Share: AUD/USD is eyeing to recapture the psychological resistance of 0.7000 despite the cautious market mood. Economists at ANZ Bank see two rate hikes by the...
Share: AUD/USD retreats from previous support line, pares the first daily gains in four while bouncing off the key support confluence. RBA-inspired gains join 0.6860-65 support...
Australian Trade Minister Don Farrell said on Monday he would travel to Beijing at China’s invitation, as they are working with China to resume full trade....
AUD/USD falls sharply by more than 100 pips on US economic data. The US Nonfarm Payrolls report nearly tripled the market’s expectations for job creation. The...
AUD/USD remains under some selling pressure for the second successive day on Friday. The risk-off impulse weighs on the Aussie, though fresh USD selling helps limit...
AUD/USD edges lower for the second successive day, though lacks follow-through selling. A modest USD strength and a cautious market mood weigh on the risk-sensitive Aussie....
AUD/USD has dropped to near 0.7064 as the market mood has soured. The upbeat Caixin Services PMI at 52.9 failed to provide support to the Australian...
The Aussie could not hold to its gains above 0.7100, outweighed by a strong US Dollar. US data showed the tightness of the labor market underpinned...
AUD/USD renews intraday low amid sour sentiment, mixed data. China Caixin PMI fails to overcome 50.0 mark despite improving in January. Mixed concerns over RBA’s next...
China’s Caixin Manufacturing pmi for January rises slightly to 49.2 vs. 49.5 expected and 49.0 previous, showing the positive impact of the country’s covid reopening on...
Retail Sales Overview Early Tuesday, the market sees preliminary readings of Australia’s seasonally adjusted Retail Sales for the month of December at 00:30 GMT. Market consensus...
The AUD/USD falls below the 0.7100 psychological level amid a lack of fresh impetus. The US Federal Reserve’s monetary policy decision keeps traders at bay, dampening...
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Reuters reported that the People’s Bank of China will roll over a lending tool for supporting carbon emission reduction to the end of 2024, The PBoC...
AUD/USD struggles to gain any meaningful traction and remains confined in a range. A combination of factors revives the USD demand and acts as a headwind...
Investors have turned risk-averse ahead of the US PCE Price Index data. The formation of an Ascending Triangle indicates sheer volatility contraction. The RSI (14) has...