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...
The Australian Dollar declines possibly due to risk aversion on Friday. The AUD may limit its downside due to rising expectations of the RBA maintaining a...
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AUD made mild gains on Wednesday against the USD. Markets are still deciphering Jerome Powell’s cautious stance, which limits traction for USD. RBA’s hawkish stance provides...
China’s Consumer Price Index (CPI) rose at an annual pace of 0.2% in June, compared to a 0.3% increase in May. The market forecast was for a 0.4% growth...
AUD extended its decline on Tuesday against the USD. RBA’s hawkish position on policy provides noticeable support to the Aussie. Markets are digesting Jerome Powell’s cautious...
The Australian Dollar gains ground due to expectations that the RBA might lag in the global rate-cutting cycle. Australia’s 10-year government bond yield rises to near...
The Australian Dollar recovers losses as high inflation prompts the RBA to delay rate cuts. Australia’s May inflation has sparked warnings that the RBA might raise...
AUD/USD trades on a weaker note around 0.6745 in Monday’s early Asian session. US NFP rose 206K in June versus 218,000 prior, better than the estimated. ...
Rising US Unemployment figures had USD facing selling pressure. Australia reported mixed housing data on Friday. Monterey divergences between the Fed and RBA might push the...