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...
Australia’s Unemployment Rate dropped to 4.0% in May, compared with the expectations of 4.0% and the previous figure of 4.1%, according to the official data released by the...
The AUD/USD saw a decline after the release of the Federal Reserve’s decision. The projection of higher interest rates seems to be favoring the USD. The...
China’s Consumer Price Index (CPI) increased by 0.3% over the year in May, at the same pace as seen in April. The reading missed expectations for a 0.4% growth...
AUD/USD wades through mixed trading as sellers regain momentum. Focus is now on Wednesday’s US inflation figures and Fed dot plot. Australia releases mixed NAB business...
The Australian Dollar loses ground due to risk aversion as Fed decision looms. The Australian Dollar may limit its downside as RBA expects to maintain higher...
AUD/USD rebounded on Monday as sellers took a breather. All eyes are now on Wednesday’s session where the US releases inflation figures and the Fed makes...
AUD/USD looks vulnerable to breaking out of the bottom of a range and declining substantially lower. The steepness of the sell-off on Friday is a further...
The Australian Dollar retraces its recent losses due to the hawkish sentiment surrounding the RBA. The Australian Dollar may remain calm on a thin trading day resulting from...
AUD/USD weakens near 0.6580 in Friday’s early Asian session. The strong US employment data prompted traders to push back the expected timing of Fed rate cuts....
China’s Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from the previous figure of CNY513.45 billion. Exports jumped by 11.2% YoY...
AUD/USD posts modest gains around 0.6670 in Friday’s early Asian session. The softer US employment data this week triggered the Fed rate cut expectation in September....
The Australian Dollar rises as the Aussie Trade Surplus widens in May. The Australian Bureau of Statistics reported a Trade Balance figure of 6,548 million MoM...