The Greenback remains off-kilter following the Fed’s recent pivot into a rate-cutting cycle. Last week, the US central bank delivered a jumbo 50 bps rate cut....
AUD/USD strengthens above 0.6800 with RBA policy on the horizon. The RBA is expected to leave interest rates unchanged on Tuesday. The US Dollar recovers amid...
AUD/USD continues to consolidate above 0.6520 after mixed cues from the US PCE inflation report for June. Annual headline PCE decelerated expectedly, the core measure grew...
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 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...
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...
NZD/USD declined 0.6% after the RBNZ stating that it expects inflation to return to the 1-3% target range in 2H. The RBNZ is also diverging from...
AUD/USD trades sideways below 0.6700 for more than two weeks. The RBA could tighten its monetary policy further as disinflation appears to have reversed. Investors await...
The Reserve Bank of Australia (RBA) published the minutes of its 18 June policy meeting last night that confirmed that board ultimately saw the case for...
AUD/USD inches toward 0.6700 as the US Dollar is under pressure. Soft US inflation in May has prompted Fed rate-cut hopes. The RBA could tighten its...
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...
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...
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 (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...
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/JPY fails to capitalize on the overnight goodish rebound from a multi-day low. BoJ Governor Ueda’s hawkish remarks underpin the JPY and cap gains for the...
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...
The Reserve Bank of Australia (RBA) Governor Michele Bullock said on Wednesday that she expects Q1 GDP growth to be quite low. Bullock further stated that the...
Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter said early Thursday that “we agree with the Treasury forecast on inflation.” Additional comments CPI confirmed there...