AUD/USD Losses Moderate With Treasury Yields. Japanese Election in Focus for APAC
The Australian Dollar moved lower versus the US Dollar overnight as gaining yields and higher interest rate bets pushed traders out of risk assets. The Japanese party leader election is…
Read More »Australian Dollar Forecast: AUD/USD Action May Swing on Chinese Industrial Profits
The Australian Dollar faces a tough ride higher after Treasury yields surged last week. Monday's APAC session will put focus on Chinese industrial profits. A bright figure may help AUD/USD.
Read More »AUD/USD advances towards 0.7300 as market sentiment improves, US data eyed
AUD/USD consolidates three-week losses, taking the bids to renew intraday high with 0.7276 during Monday’s Asian session. The Aussie pair seems to che
Read More »AUD/USD retreats at 0.7300 amid Evergrande’s failure to pay dollar-denominated bond
Earlier in the Asian session, the aussie was trading at daily highs around 0.7310’s, on the back of the positive market sentiment, amid the hawkishnes
Read More »Australian Dollar Fights FOMC-Charged US Dollar After Upbeat PMI Data
The Australian Dollar is on the back foot against a US Dollar that is gaining following a slightly hawkish FOMC decision. Positive PMI data out of Australia shows a recovery…
Read More »AUD/USD Price Analysis: Bears could stretch to test the significant 0.72 level
AUD/USD bears seek an extension to the 0.72 level. Bulls, however, are holding grounds in early Asia, so far, eyeing a 50% mean reversion. Further to
Read More »Australian Dollar Outlook: Commodities Weigh on AUD/USD. Eyes on FOMC, RBA Minutes
The Australian Dollar remains hostage to commodity market gyrations, as low interest rates are unable to attract buyers. Will yields go higher to turn the AUD/USD around?
Read More »Australian Dollar Forecast: AUD/USD Traders Eye Jobs Data Amid Fragile Market Sentiment
The risk-sensitive Austrian Dollar is coming off a down week after market sentiment soured last week. AUD/USD traders are eyeing the upcoming local jobs data as risk trends remain fragile.
Read More »AUD/USD Drop May Continue After Dovish RBA, Wall Street Losses
The risk-sensitive Australia Dollar is extending its post-RBA move lower Against the US Dollar after Wall Street stocks sold off. Today's economic docket is light, leaving prevailing risk trends in…
Read More »Australian Dollar Outlook: AUD/USD Turns to RBA Decision After US Non-Farm Payrolls Data
The Australian Dollar is looking to the RBA for clarity of taper timing amid diverging commodity prices and after US non-farm payrolls. Can the AUD/USD rally last?
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