AUD/USD retreats from a multi-month high touched on Monday, albeit lacks follow-through. A softer risk tone lifts the safe-haven USD and weighs on the risk-sensitive Australian...
AUD/USD gains some follow-through traction on Monday and climbs to a fresh five-month high. Bets on smaller Fed rate hikes, a positive risk tone undermines the...
Consumer Sentiment in the United States improved and capped the AUD/USD rally. The US last inflation report, spurred speculation that the Fed would decelerate the pace...
A spokesperson from China Customs said on Friday, “Foreign trade still faces many challenges and difficulties this year.” “Fundamentals of long-term improvement remain unchanged, and the...
AUD/USD breakout traders target the 0.70 figure and above. Failures to hold in 0.7000 could lead to the capitulation of the bulls. As per the prior...
AUD/USD grinds higher even as China CPI improved but PPI eased for December. Successful trading above 200-DMA, previous resistance line from June favors bulls. Two-month-old ascending...
AUD/USD regains positive traction in reaction to the upbeat Australian macro data. Bets on smaller Fed rate hikes weigh on the USD and remain supportive of...
Australia’s Retail Sales and the monthly Consumer Price Index indicator are falling in at the same time as follows: Australia Retail Sales MoM Nov: 1.4% (est...
AUD/USD climbs due to traders’ speculations that the US Federal Reserve would shift dovish. US 10-year Treasury bond yield continues to edge lower, eyeing the 3.50%...
A cheerful market mood has strengthened the Australian Dollar. North-side sloping 20-and 50-EMAs add to the upside filters. The RSI (14) has shifted into the bullish...
AUD/USD surged on weak US ISM Services data, which contracted to its lowest since 2020. The US economy added more jobs than estimated while wage growth...
US ADP Employment Change crushed estimates, while unemployment claims missed estimates, foreseeing a solid US Nonfarm Payrolls report. The US Trade Balance deficit shrank, boosting the...
China’s Caixin Services pmi for December arrived at 48.0 vs. 47.5 expected and 46.7 prior, showing that the country’s services activity slowed its pace of contraction...
AUD/USD is jumping back beyond 0.6750 amid an upbeat mood. Risk flows and negative Treasury yields restrict the US Dollar bulls. The Aussie pair looks to...
AUD/USD is struggling to remain above the immediate hurdle of 0.6720 as investors await FOMC minutes. Higher wage inflation could be a roadblock for the Fed...
AUD/USD drops below 0.6800 towards the 20-day EMA at 0.6736. The US Dollar remains bid, regardless of falling US bond yields, after the release of weak...
China’s State Administration of Foreign Exchange (SAFE) Director Pan Gongsheng said on Tuesday, “China will use exchange rate policy tools to promote foreign trade, expand foreign...
AUD/USD is looking for an immediate cushion around 0.6800 ahead of Caixin Manufacturing PMI data. After scrutiny of the Chinese official PMI and consensus, the Caixin...
AUD/USD consolidates last week’s gains above 0.6800. A quiet session across financial markets, Wall Street is closed. Key events ahead: FOMC minutes on Wednesday and NFP...
AUD/USD pares intraday losses at the highest levels in 12 days. Sluggish RSI, MACD signals also favor pullback moves targeting previous resistance from mid-December. 200-SMA adds...