The Australian Dollar lost ground as Manufacturing PMI dropped for the fifth consecutive month to 47.2 in June. The AUD may limit its downside due to the higher-than-expected Manufacturing...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) unexpectedly rose to 51.8 in June, against the 51.7 reading in May, according to the latest data released on Monday....
AUD/USD extends the rally around 0.6675 in Monday’s early Asian session. The US Core PCE inflation rose 2.6% YoY in May, compared to 2.6% in April. ...
AUD rose against USD due to US inflation reduction and a potential dovish stance from the Fed. Soft PCE data from the US may benefit the...
AUD/USD recovers daily losses and jumps to 0.6670 as US core PCE Inflation declines in May. Soft US inflation figures would boost Fed rate-cut hopes. The...
The Australian Dollar loses ground as RBA Deputy Governor Hauser advises against formulating policy based on a single inflation report. Australia’s high inflation has fueled speculation that the...
The Australian Dollar appreciates as higher consumer inflation dampens the possibility of RBA’s rate cuts. Australia’s monthly CPI jumped by 4.0% YoY against the expected growth...
Australia’s monthly Consumer Price Index (CPI) jumped by 4.0% in the year to May after recording a 3.6% increase in April, according to the data published by the...
Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent crossed the wires in the last hour, saying that the recent data reinforce the need to be...
Australian Dollar’s downside is supported by hawkish RBA outlook. Markets now hint at rate cuts not before February 2025. Upcoming May CPI figures will be pivotal...
The Australian Dollar inches higher amid the improved Consumer Sentiment index released on Tuesday. Australia’s Westpac Consumer Confidence rose by 1.7% MoM in June, marking the highest...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
AUD/USD trades on a softer note near 0.6640 on the firmer US Dollar on Monday. The flash US Composite PMI rose to a 26-month high in...
Australian Dollar has suffered extended declines in recent sessions as RBA gains slowly fade. PMI figures from Australia reveal weaker-than-expected data. Fragility in the Australian economy...
AUD/USD drops to near 0.6650 as the US Dollar extends its upside. The Fed is expected to begin reducing interest rates in September. Investors await the...
The Australian Dollar holds positive ground on Thursday. The Aussie edges higher as Australian PMI reading has maintained expansion in June. Investors await the advanced US S&P...
Australia’s Judo Bank Purchasing Manager Index (PMI) figures declined in June, with both the Manufacturing and Services components chalking in a fall back from previous periods....
The Australian Dollar (AUD) extends upside in Thursday’s Asian session. RBA’s hawkish hold and rising bets on Fed rate cut support the pair. The US Initial...
AUD/USD recovered much of its previous losses in Tuesday’s session, following RBA decision. USD started the week softly, and its declines extended following weak Retail Sales...