Australian Dollar Forecast: AUD/USD May Rise on China PMI Data
A wave of risk aversion moved through financial markets overnight, weighing on the risk-sensitive Australian Dollar. Will a robust PMI print out of China revive AUD/USD?
Read More »AUD/USD Gains Beside Dow Jones Ahead of RBA Chart Pack
AUD/USD gained alongside the cyclically-sensitive Dow Jones overnight, but the currency pair faces technical obstacles if prices are to rise further. The RBA's latest chart pack is set to cross…
Read More »AUD/USD forecast as high as 0.80 in 2022 (RBA policy to be a driver)
Brief comment via CBA from a note last week. The Aussie dollar is expected to rise over 2022 to reach US78-80 cents by the December quarter on the expectation that…
Read More »AUD/USD Eyes RBA Minutes as Risk-Off US Session Threatens APAC Trading
AUD/USD fell overnight as US traders shifted into a risk-off stance on rising Omicron fears. The RBA's meeting minutes are set to cross the wires today as AUD/USD tests a…
Read More »AUD/USD Unfazed on Westpac Consumer Confidence as FOMC, AU Jobs Report Nears
AUD/USD failed to react to a small drop in Australia's Westpac consumer confidence data after an overnight drop. Traders are on the defense ahead of the Federal Reserve and Australian…
Read More »Australian Dollar Prepares for Chinese Inflation and Factory Gate Prices Data
The Australian Dollar is in focus as China readies to release consumer inflation and factory gate prices for November. AUD/USD looks to rise for a fourth session as prices test…
Read More »AUD/USD Rises With Down Jones as Traders Await China Trade Data, RBA
The Australian Dollar may continue its overnight rise versus the US Dollar if Chinese trade data impresses. The RBA decision is also in focus for today's APAC session.
Read More »Australian Dollar Forecast: AUD/USD in Focus as Traders Await Omicron News, RBA
The risk-sensitive Australian Dollar is moving slightly higher as the APAC trading week kicks off. Traders await developments on the Omicron threat as the RBA's last meeting of the year…
Read More »Australian Dollar Outlook: Omicron Volatility Weighs on AUD Ahead of Trade Data
The Australian Dollar fell versus the Greenback overnight as volatility picked up after the US announced the arrival of the Omicron variant. Will an upbeat Australia trade balance print help…
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