China’s Center for Disease Control and Prevention (CDC) top epidemiologist Wu Zunyou warned at a briefing on Thursday, Covid is seen spreading throughout the holiday season....
AUD/USD prints heaviest intraday gains since Friday despite recent inaction. Bullish chart formation, sustained trading beyond 0.6700 support confluence favors buyers. Multiple hurdles stand tall to...
AUD/USD struggles to defend recent gains, retreats from intraday highs of late. Multiple countries announced special tests for visitors from China amid skepticism over COVID-19 conditions...
AUD/USD clings to decent gains as the mood shifts sour. A jump in US Treasury bond yields underpins the US Dollar and weighs on the Australian...
AUD/USD retreats from intraday highs but remains positive for the second consecutive day. China Industrial Profits drop 3.6% during January-November period, easing Covid restrictions keep sentiment...
AUD/USD picks up bids to refresh intraday high, pares the biggest daily loss in over a week. PBOC’s biggest weekly cash injection in two months, Evergrande...
AUD/USD extends bounce off short-term key support line. Bullish crossover by significant HMAs keeps buyers hopeful of overcoming the key hurdle. Eight-day-old resistance line adds to...
US Dollar rises across the board after US data and amid risk aversion. US Q3 GDP revised from 2.9% to 3.2%. AUD/USD again rejected from above...
AUD/USD picks up bids to poke short-term key resistance during two-day uptrend. Convergence of 200-EMA, descending trend line from Tuesday restricts immediate upside. Firmer oscillators suggest...
AUD/USD bulls have taken back control rom a peak bottom formation. Focus is on a move into the 0.68s for the days ahead. As per the...
AUD/USD takes offers to refresh intraday low, reverses week-start recovery. Support break joins bearish MACD signals, downbeat RSI to keep sellers hopeful. Daily closing below 100-DMA...
AUD/USD holds lower grounds after RBA’s latest Monetary Policy Meeting Minutes. RBA Minutes suggest that policymakers discussed all options, are ready for further rate hikes. Anxiety...
AUD/USD bulls are waiting patiently for a change of character in the market structure. Bulls eye a test of 0.6800 for the days ahead while bears...
Risk aversion weighed on high-beta currencies like the Australian Dollar. Global central banks hiking rates and eyeing additional increases have sounded recession alarms, dampening investors’ mood....
AUD/USD turns lower for the second straight day and is pressured by a combination of factors. The Fed’s hawkish outlook, a pickup in the US bond...
AUS/USD has advanced to near 0.6735 after recovery as the risk-on profile is regaining traction. What dampened the market mood post-Fed Powell’s speech was the lack...
AUD/USD takes offers to refresh intraday low, reverses from 6.5-month-old resistance line. Sluggish oscillators add strength to the pullback moves targeting November’s peak. Three-week-old ascending trend...
AUD/USD renews intraday low during the first negative day in three. China Retail Sales, Industrial Production flashed downbeat figures for November. The US Dollar pares post-Fed...
AUD/USD reverses modest intraday losses, though lacks follow-through buying. The risk-on mood lends support to the Aussie; A modest USD uptick caps gains. Traders now look...
AUD/USD has slipped further to near 0.6820 ahead of Fed’s policy meeting. The FOMC is expected to hike its interest rate by 50 bps on a...