Australian Dollar Risks Wilting if Fed Remains Sanguine on Treasury Yields
The Australian Dollar is aiming to resume its uptrend, but the Fed and its take on the bond market still poses a risk to it ahead. AUD/USD may thus look…
Read More »Australian Dollar Forecast: US Stimulus Boosts AUD/USD to Key Trendline
A $1.9 trillion stimulus relief package was signed into law one day earlier than expected, boosting gains on Wall Street. The risk-on move bolstered AUD/USD higher as it takes aim…
Read More »Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge
Treasury yields surged higher after Fed Chair Jerome Powell failed to cool bond market volatility. AUD/USD broke below a key trendline after safe-haven bids drove the US Dollar higher.
Read More »Australian Dollar Outlook: AUD/USD, AUD/NZD at Key Levels as Trade Data Looms
US equities moved lower as rising Treasury yields were back in focus. Meanwhile, the Australian Dollar faces key levels against the Greenback and New Zealand Dollar ahead of January trade…
Read More »AUD/USD Rate Pullback to Adhere to RBA Interest Rate Decision
The Reserve Bank of Australia (RBA) rate decision may spark a bullish reaction in AUD/USD as the central bank is expected to retain the current course for monetary policy.
Read More »AUD/USD Gains on Reflation Trade While RBNZ News Dispatches AUD/NZD Lower
The Australian Dollar is pushing into fresh highs versus the Greenback, but RBNZ news is bolstering the New Zealand Dollar, with AUD/NZD moving sharply lower.
Read More »Australian Dollar Outlook: Rising Iron and Copper Prices to Bolster AUD/USD
The Australian Dollar is on the move higher as rising commodity prices help bolster sentiment. Australia's vaccine program also offers a price driver, with thousands slated for inoculations.
Read More »AUD/USD clings to mild gains below 0.7800 on weaker-than-expected Aussie Retail Sales
AUD/USD pays a little heed to the Australian Retail Sales figures while taking rounds to 0.7765-70 during the Asian session on Friday. In doing so, th
Read More »AUD/USD struggles to extend early gains on bigger-than-expected drop in Australia’s Unemployment Rate
A bigger-than-expected drop in Australia’s jobless rate struggles to draw more substantial buying pressure for the commodity-sensitive Aussie dollar.
Read More »Australian Dollar Rises as Lunar New Year Begins – Will AUD/USD Gain Further?
The Australian Dollar rose despite dovish commentary from RBA board member Ian Harper, who suggested their QE program has more room to run, if necessary. Elsewhere, Asia-Pacific trading is looking…
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