Australian Dollar Finds Footing Despite Evolving China Concerns. Is AUD/USD Range Bound?
The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick off again, will AUD/USD test…
Read More »AUD/USD Price Analysis: Corrective bounce seeks acceptance from 0.6655 hurdle and Australia inflation
AUD/USD prints mild gains around 0.6630 as it consolidates the biggest daily loss in a week ahead of the Australia Consumer Price Index (CPI) amid ear
Read More »AUD/USD reverses course below 0.6700 after hitting resistance at 200-day EMA
AUD/USD reverses its course after failing to break the 200-day Exponential Moving Average (EMA) at 0.68099m re-treating beneath 0.6700. economic news
Read More »Australian Dollar Looks Past China PMI Data, Focus is Now on Key Fed Inflation Gauge
The Australian Dollar gave up gains on upbeat Chinese manufacturing PMI, with AUD/USD now turning its attention to the Fed’s preferred inflation gauge next.
Read More »AUD/USD bulls ignore downbeat Aussie Retail Sales to approach 0.6700 amid risk-on mood, RBA’s Ellis eyed
AUD/USD fails to justify softer Australia Retail Sales growth, amid firmer sentiment, as it renews its intraday high near 0.6660 during early Tuesday.
Read More »AUD/USD Price Analysis: Bears appear well-set to approach 0.6540 support
AUD/USD bears keep the reins at a four-month low, making rounds to 0.6580-90 during early Wednesday, following the biggest daily slump in a month. Tha
Read More »Aussie Trade Balance leaves AUD/USD unchanged
The trade balance released by the Australian Bureau of Statistics is out as follows: 11688M vs. exp 12250M; prev 12237M. Exports +1% MoM prior -1%. Im
Read More »Breaking: Aussie data dump crashes AUD/USD
Australia’s data dump, including Gross Domestic Product and the monthly Consumer Price Index have been released and have crushed AUD/USD by over 20 p
Read More »AUD/USD stays below 0.7000 as RBA’s Lowe fails to copy hawkish Fed signals
AUD/USD holds lower ground near 0.6980 after Reserve Bank of Australia (RBA) Governor Philip Lowe’s Testimony during the mid-Asian session on Wednesda
Read More »Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, AUD/USD, US CPI
The Dow Jones, Nasdaq 100 and US Dollar face a hotly anticipated US inflation report. Will volatility continue rising? Elsewhere, the Australian Dollar eyes local employment figures.
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