AUD/USD Price Forecast: Bulls target YTD high after breakout
The Aussie Dollar finished the week with gains of over 0.82% on Friday and up more than 1.20% for the week as the US Dollar tumbled following the US Treasury…
Read More »AUD/USD Price Forecast: Sellers eye 0.7100 support as momentum indicators weaken
AUD/USD attracts sellers on Wednesday as softer-than-expected Australian inflation data weighs on the Australian Dollar (AUD), while persistent uncertainty surrounding a potential US-Iran peace deal keeps the US Dollar (USD)…
Read More »Australian Dollar gathers strength on RBA rate hike expectations, Hormuz tensions simmer
AUD/USD gains traction to around 0.7215 during the early Asian session on Monday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as traders anticipate a rate hike…
Read More »AUD/USD Price Forecast: Remains bullish despite hovering around 0.7200
AUD/USD holds to minimal gains of 0.10% late in the North American session, yet poised to finish the week up 0.84%. At the time of writing, the pair trades above…
Read More »AUD/USD: Consolidation below resistance – UOB
UOB’s strategists Quek Ser Leang and Lee Sue Ann note AUD/USD is consolidating after failing to extend gains beyond 0.7200, trading instead between 0.7151 and 0.7195 and closing near 0.7183.
Read More »RBA’s Bullock: Discussed circumstances in which we might have to tighten
Did not explicitly consider case for a rate hike this meeting Discussed circumstances in which we might have to tighten Did discuss what they might have to do if rates…
Read More »AUD/USD steadies following RBA Minutes, cooling US labor data
AUD/USD trades steady on Tuesday, around 0.6490 at the time of writing, virtually unchanged on the day.
Read More »Australian Dollar rebounds as China lifts tariffs on US agricultural goods
Australian Dollar (AUD) edges higher against the US Dollar (USD) on Wednesday, after recovering its daily losses. The AUD/USD pair gains ground after China’s Finance Ministry announced that it will…
Read More »AUD/USD trades marginally higher around 0.6500 amid receding US-China trade tensions
The AUD/USD pair ticks up to near 0.6500 during the Asian trading session on Monday. The Aussie pair edges higher as the Australian Dollar (AUD) gains slightly, following hopes that…
Read More »AUD/USD can potentially break below 0.6405 – UOB Group
Strong momentum is likely to lead to further weakness; oversold conditions suggest Australian Dollar (AUD) may not reach 0.6405.
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