US Dollar Outlook: AUD/USD Primed for Volatility with RBA on Tap
The US Dollar strengthened broadly throughout Monday's trading session and pushed the DXY Index to eight-week highs. AUD/USD price volatility might intensify around the RBA decision due.
Read More »AUD/USD Rate Outlook Hinges on February 2021 RBA Rate Decision
The Reserve Bank of Australia (RBA) interest rate decision may fuel the recent rebound in AUD/USD if the central bank retains the current course for monetary policy.
Read More »AUD/USD May Rise if Australian Inflation Data Impresses, FOMC in Focus
Wall Street took a step back on concerns over future fiscal relief, led by small-cap stocks. Meanwhile, the Australian Dollar is rising ahead of Q4 inflation data
Read More »AUD/USD: Sellers elusive after weak Aussie Retail Sales
The weaker-than-expected Aussie Retail Sales data fail to elicit a bearish reaction from the Aussie dollar. AUD/USD remains flatlined near 0.7765. As
Read More »Australian Dollar Outlook: AUD/USD Breaks 20-Day SMA, Chinese FDI in Focus
AUD/USD may rise on Chinese foreign direct investment data set to cross the wires on Tuesday despite an underwhelming reaction to Chinese Q4 GDP.
Read More »AUD/USD: Risk-on mood, upbeat second-tier Aussie data back bulls attacking 0.7700
AUD/USD jumps to 0.7698, at an intraday high with 0.10% gains, during Monday’s Asian session. The aussie pair recently benefited from upbeat data at h
Read More »Australian Dollar Outlook: Tied to Biden Stimulus Bets, S&P 500, US Dollar, Treasuries
The Australian Dollar sits on the crossroads of Treasury yields, the S&P 500 and US fiscal stimulus expectations. Will AUD/USD gains slow? Chinese Q4 GDP and Australian jobs data are…
Read More »AUD/USD Price Analysis: Bulls seek a daily contiuation impulse from 4-hour support
AUD/USD is on the verge of a daily bullish extension in a relentless bullish trend. However, the price is overextended on the recent burst through str
Read More »AUD/USD: Recovery elusive despite upbeat Aussie Retail Sales
AUD/USD struggles to recover the ground lost early Monday despite the upbeat Aussie data released soon before press time. As represented by Retail Sal
Read More »Australian Dollar Outlook: Strong Greenback Halts AUD/USD Rally
Increased stimulus bets pushed the US Dollar higher after a shift in the U.S. political landscape, putting pressure on the high-flying Australian Dollar
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