The Australian Dollar depreciates due to the stark decline in prices of prices of oil, iron ore, and copper. The AUD faced challenges as recent PMI...
AUD/USD marked more losses on Wednesday reaching 0.6580. Concerns over China’s economic health and commodity prices main cause of AUD’s slide. Australia reported weak Judo PMIs...
The Australian Dollar continues to lose ground due to the stark decline in prices of Iron Ore. Australia’s Composite PMI declined to 50.2 in July from...
AUD/USD registered significant declines on Tuesday towards 0.6615. The slowdown in Chinese economic activity is contributing to the decline in commodity prices. The stubbornly high inflation...
The Australian Dollar extends losses due to a sharp drop in energy and metal prices. The AUD may limit its downside due to a potential rate hike from...
AUD/USD registered sharp declines on Monday towards 0.6640. During the Asian session, the PBOC loan prime rate was cut by 10 basis points. Aussie’s stability is...
AUD/USD registered a significant drop on Friday, slipping below 0.6700. Employment data continues to shape possible RBA and Federal Reserve decisions. The Aussie’s downside is limited...
AUD/USD falls more than 1.30% in the week on risk-off mood. China’s weaker-than-expected growth figures in Q2 and Iron ore prices are a headwind for the...
The Australian Dollar depreciates for the fifth consecutive session on Friday. The downside for AUD may be limited due to a potential interest rate hike by...
AUD/USD slightly declined on Thursday, below 0.6730. Newly released employment data sets the direction for possible RBA and Federal Reserve decisions. However, monetary divergences between both banks...
The Australian Dollar gets a minor lift from the mixed Australian employment data on Thursday. The number of employed people rose by 50.2K, while the Unemployment...
Australia’s Unemployment Rate rose to 4.1% in June, compared with the expectations and the previous figure of 4.0%, according to the official data released by the Australian Bureau...
AUD/USD further diminished on Wednesday, falling beneath 0.6730. Australian employment figures are set to guide short-term trends that could lay the groundwork for a more hawkish...
AUD/USD moves higher to 0.6750 as US Dollar faces a wrath due to strong speculation for Fed rate-cuts in September. Fed Williams communicated the need for...
AUD/USD shows a further decrease since Tuesday falling below 0.6730. Australian labor data will dictate short-term dynamics that might prompt a more hawkish RBA. Strong US...
AUD/USD shows a slight decrease on Monday but retains January highs near 0.6800. RBA’s hawkish stance and potential rate hike add momentum to AUD. Australian labor...
The Australian Dollar could lose ground due to weaker-than-expected GDP data from China. China’s GDP (YoY) grew 4.7% in Q2, compared to the previous expansion of...
AUD/USD weakens near 0.6770 in Monday’s early Asian session. US PPI climbed more than expected in June on a margin pickup at service providers. The RBA’s...
AUD/USD remains at highest level since January near 0.6800. Hot PPI data didn’t stop the pair in its upward trend. Monetary policy divergence between RBA and...
The Australian Dollar (AUD) should appreciate against the US Dollar (USD) and the New Zealand Dollar (NZD) amid sticky core inflation, UBS FX strategists note. AUD...