Australian Dollar at Risk as Market Sentiment Sours After Powell Comments
The risk-sensitive Australian Dollar is at risk of falling further versus the US Dollar as Asia-Pacific traders digest last week’s comments from Federal Reserve Chair Jerome Powell.
Read More »AUD/USD Rate Outlook Mired by Failure to Test 200-Day SMA
AUD/USD appears to be reversing course ahead of the 200-Day SMA (0.7146) as the exchange rate carves a series of lower highs and lows.
Read More »AUD/USD: Corrective pullback fades around 0.6900, Taiwan, US inflation in focus
AUD/USD struggles to extend the week-start gains as the Aussie traders flirt with the 0.6900 threshold amid a risk-off mood during Monday’s Asian sess
Read More »AUD/USD Holds Above 50-Day SMA Ahead of RBA Rate Decision
AUD/USD may continue to appreciate ahead of the Reserve Bank of Australia (RBA) interest rate decision on August 2 as it holds above the 50-Day SMA (0.6968).
Read More »AUD/USD Price Analysis: Mild correction seems over, bulls are hopeful above 0.6900
The AUD/USD pair is displaying back and forth moves in a narrow range of 0.6880-0.6892 in the early Tokyo session. The asset has turned sideways after
Read More »AUD/USD at Key Technical Level as APAC Trading Kicks Off
AUD/USD is trading near Falling Wedge resistance, putting a possible breakout on the cards. Meanwhile, traders are digesting fresh inflation data out of New Zealand as APAC kicks off the…
Read More »AUD/USD Rate Rebound Susceptible to Preset Path for RBA Policy
The Reserve Bank of Australia (RBA) Minutes may do little to influence AUD/USD as the central bank appears to be on a preset course in normalizing monetary policy.
Read More »RBA Gov. Lowe says will discuss 25bp or 50bp interest rate hike at July meeting (July 5)
Reserve Bank of Australia Governor Lowe with more, now in the Q&A Speech is here: AUD/USD (higher) update after RBA Gov Lowe speech More now: we discussed 25 or 50bp…
Read More »AUD/USD Seeks to Maintain Gains After Rosy US Session as NFPs Nears
The Australian Dollar paced higher versus the US Dollar as Wall Street rallied overnight. APAC traders may look to capitalize on that momentum into the weekend. Tonight's US NFP data…
Read More »AUD/USD Price Analysis: The bulls are up against a firmer US dollar in Tokyo
As per the pre-open analysis at the start of this week, AUD/USD Price Analysis: Bulls move into a critical area on H4 charts, eye a run to the 0.7250/
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