Aussie GDP arrives and pushes AUD/USD up a notch
The Gross Domestic Product released by the Australian Bureau of Statistics has arrived, beating expectations in both the third quarter and the year. T
Read More »Australian Dollar Threatens Key Level as APAC Traders Eye Omicron News
The risk-sensitive Australian Dollar faces a tough session ahead, with APAC traders set to digest fresh news about the new 'Omicron' Covid-19 variant out of South Africa. AUD/USD is flirting…
Read More »AUD/USD Weakness Moderates Above Key Levels as Wall Street Rotation Continues
The Australian Dollar was largely unchanged versus the Greenback overnight as Wall Street rotated out of tech stocks. The RBNZ rate decision and commentary from RBA Assistant Governor Bullock are…
Read More »AUD/USD May Rise After PMIs Reveal Robust Recovery as Vaccination Rates Swell
AUD/USD may rise after PMI data showed robust growth in Australia amid surging vaccination rates. That follows a tough overnight session when the US Dollar surged on Biden's Fed announcement.
Read More »AUD/USD Eyes Upside on Potential Loan Prime Rate Cut in China
AUD/USD has China's monthly Loan Prime Rate fixing in focus amid an otherwise quiet economic docket. A surprise cut could spur some strength in the Australian Dollar.
Read More »Australian Dollar Forecast: AUD/USD Rises Ahead of RBA Minutes, Lowe Speech
AUD/USD moved higher overnight despite souring sentiment on Wall Street. The RBA’s latest meeting minutes and a speech from Governor Lowe may provide direction for the Aussie Dollar today.
Read More »Australian Dollar Eyes Chinese Economic Data, Will AUD/USD React
AUD/USD is in focus as investors keep an eye out for Chinese economic data that will shed light on China's slowing economic recovery. Meanwhile, Japanese GDP crossed the wires this…
Read More »Australian Dollar Outlook: US Dollar, Treasuries, Commodities. Where to for AUD/USD?
The Australian Dollar weakened during the week as the fall-out from US CPI sent US yields higher, bidding up the US Dollar. Will AUD/USD find a base?
Read More »Australian dollar drops on the big miss for jobs data
The Australian October labour market report is : here Employment Change: -46.3K for an ugly miss indeedUnemployment Rate: 5.2% Participation Rate: 64.7% AUD/USD is below its overnight low:
Read More »Australian Dollar Forecast: AUD/USD May Climb After China Smashes Trade Surplus Record
The Australian Dollar may move higher to kick off the Asia-Pacific trading week after China posted a better-than-expected trade surplus over the weekend.
Read More »