Australian Dollar Analysis: AUD/USD Eyes 2020 High on Optimistic Sentiment
The risk-sensitive Australian Dollar was propelled higher along with a record-breaking day on Wall Street as markets cheered an improved picture for the 2021 outlook. The Asia-Pacific session may l…
Read More »Australian Dollar Outlook: AUD/USD May Break Support on Jobs Report
AUD/USD moves into focus as the Australian employment report is on tap to steer market sentiment into the Asia-Pacific trading session. Meanwhile, Covid-19 cases surge in the U.S., putting a…
Read More »Australian Dollar Forecast: AUD/USD Boosted on Vaccine Sentiment, More to Go?
Vaccine headlines from Moderna buoyed risk appetite, sending Wall Street indices higher. AUD/USD is now approaching the November 9th high, will a new one be set?
Read More »AUD/USD: Upside attempts remain capped below 0.7300 on RBA’s monetary policy statement
AUD/USD has bounced-off a dip to session lows of 0.7255, although the sellers continue to lurk near 0.7290 levels despite the RBA explicitly calling o
Read More »AUD/USD on Edge of Key Support Less Than 2 Days Before US Election
AUD/USD has been trading near critical support, though it has been reluctant to break lower. Are traders waiting for the outcome of the US presidential election?
Read More »AUD/USD Breaks September Low Ahead of RBA, Fed Rate Decisions
The future implications of the US election may influence AUD/USD following the RBA and Fed rate decisions as Congress struggles to pass another round of fiscal stimulus.
Read More »AUD/USD Selloff May Deepen With Stalemate on Fiscal Talks. Biden Leads
AUD/USD may decline as it tests key support amid swelling risk aversion from bipartisan intransigence over fiscal stimulus and a spike in Covid-19 cases.
Read More »AUD/USD: Bids elusive despite above-forecast Aussie CPI
A better-than-expected Australian consumer price index (CPI) inflation data released soon before press time is struggling to draw bids for the Aussie
Read More »Australian Dollar, AUD/USD May Fall as Jobs Data Underscores Dovish RBA
The Australian Dollar may extend losses after rising unemployment underscored an increasingly dovish RBA, opening the door to AUD/USD resuming August’s top on bearish technical cues.
Read More »AUD/USD Unfazed by Ban on Australian Coal as Risk Appetite Improves
The improvement in risk appetite may keep AUD/USD afloat as the US Dollar reflects an inverse relationship with investor confidence.
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