Aussie Trade Balance beats estimates but AUD/USD little to show for it
The trade balance released by the Australian Bureau of Statistics is out as follows: Australia Sept balance goods/svcs AUD+12,444 mln, s/adj (Reuters
Read More »Breaking: Aussie CPI beats estimates, putting a bid into AUD/USD
Australia’s third quarter Consumer Price Index has put a bid into AUD/USD: Aussie CPI Australia Q3 RBA trimmed mean CPI +1.8% QoQ (Reuters poll +1.5
Read More »Australian Dollar Trails Chinese Stocks Lower Despite Dow Jones Gains
The Australian Dollar fell against the US Dollar despite a rosy Wall Street trading session. Fed bets eased after weak PMI numbers, bolstering equities, but Chinese stocks remain under intense…
Read More »AUD/USD ignores Australia Consumer Inflation Expectations near 0.6280, US CPI eyed
AUD/USD treads water around 0.6280, despite refreshing the intraday high, as traders await the key US inflation data during early Thursday. In doing s
Read More »AUD/USD retreats from 0.6300 on downbeat Australia Consumer Confidence, mixed mood
AUD/USD remains depressed around the lowest levels since April 2020 as the recent downbeat Aussie data adds strength to the bearish bias during Tuesda
Read More »Australian Dollar Outlook: Dovish RBA Sinks Currency
The RBA surprised markets last Tuesday when they raised the cash rate target by 25 basis points to 2.60%, less than the 50 basis points expected, sending the AUD/USD lower.
Read More »AUD/USD Rate Eyes September Low with US NFP Report on Tap
AUD/USD may fail to defend the September low (0.6363) as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.
Read More »AUD/USD Chart Points to More Losses as APAC Markets Eye Australian Trade Data
The Australian Dollar looks primed to fall against the US Dollar on technical and fundamental grounds. AUD/USD is in focus as APAC traders eye Australia’s trade data due out today.
Read More »AUD/USD May Rebound as Chinese Lockdowns Ease Ahead of FOMC, BoJ
The Australian Dollar may rebound against the US Dollar this week as lockdowns in China ease, but the upcoming FOMC rate decision will likely dictate broader risk trends.
Read More »AUD/USD justifies cautious optimism above 0.6800 as RBA rate hike, US ISM PMI loom
AUD/USD flourishes on the bull’s radar as it refreshes the intraday low around 0.6820, close to 0.6815 by the press time, amid the market’s mildly pos
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