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...
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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...
Australian Dollar trades with mild negative bias in Tuesday’s Asian session. The RBA deciced to leave the key interest rate unchanged at 4.35% for the fifth...
AUD/USD holds positive ground around 0.6615 amid the softer US Dollar on Tuesday. The RBA is anticipated to keep rates steady at 4.35% at its June...
Interest rate in Australia is set to stay steady at 4.35% for the fifth consecutive meeting in May. Reserve Bank of Australia Governor Michele Bullock will...
AUD/USD extended its decline in Monday’s session as market gears up for RBA decision. Federal Reserve’s projection of higher interest rates continues to bolster the USD....
The Australian Dollar weakens amid the firmer US Dollar in Monday’s Asian session. The hawkish tone of the Fed and challenges in China’s economic recovery weigh...
AUD/USD continues its decline as markets gear up for RBA’s decision next week. Federal Reserve’s projection of higher interest rates continues to bolster USD. Australian calendar...
The Australian Dollar declined despite the higher-than-expected Employment Change. Australia’s Unemployment Rate dropped to 4.0% from April’s 4.1% rate, as expected. The US Dollar recovered losses as FOMC left its...
China’s FX regulator, the State Administration of Foreign Exchange (SAFE), said in a statement on Thursday, it “will strengthen FX situation monitoring and policy reserves.” Additional...