Aussie extends weekly gains as Fed pause bets offset hawkish rhetoric
The Aussie Dollar ended Friday’s session on a positive note, gaining 0.38% and 0.58% weekly as the US Dollar trimmed some of its weekly gains, while US data confirmed investors’…
Read More »Australian Dollar gains support as RBA delivers 25-basis-point rate hike
AUD/USD gains ground after recovering daily losses, trading around 0.7020 during the Asian hours on Tuesday.
Read More »Australian Dollar: RBA risks and carry support – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Australian Dollar (AUD) largely ignored the Reserve Bank of Australia’s (RBA) August Minutes, which reiterated Governor Michele Bullock’s warning that another rate…
Read More »Australian Dollar reverses as Iran risks lift USD ahead of Fed minutes
The Aussie Dollar reversed its course against the Greenback on Tuesday as investors remain uncertain of the outcome of the Middle East conflict, which tends to push energy prices higher,…
Read More »Commodity FX: Growth constraints cap carry – BNY
BNY’s Geoff Yu notes that a less hawkish Fed has weakened the Dollar but failed to spark a sustained bid in commodity FX such as Norwegian Krone (NOK), Australian Dollar…
Read More »AUD/JPY Price Forecast: Holds gains near 112.00, but bearish bias persists below key moving averages
The AUD/JPY cross trades in positive territory around 111.75 during the early European trading hours on Friday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) following the Chinese…
Read More »AUD/JPY Price Forecast: Drifts higher above 112.50, upside momentum fades but remains bullish
The AUD/JPY cross trades in positive territory around 112.80 during the early European trading hours on Friday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) on hopes that…
Read More »AUD/USD Price Forecast: Sellers eye 0.7100 support as momentum indicators weaken
AUD/USD attracts sellers on Wednesday as softer-than-expected Australian inflation data weighs on the Australian Dollar (AUD), while persistent uncertainty surrounding a potential US-Iran peace deal keeps the US Dollar (USD)…
Read More »Australian Dollar gathers strength on RBA rate hike expectations, Hormuz tensions simmer
AUD/USD gains traction to around 0.7215 during the early Asian session on Monday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as traders anticipate a rate hike…
Read More »AUD/USD Price Forecast: Remains bullish despite hovering around 0.7200
AUD/USD holds to minimal gains of 0.10% late in the North American session, yet poised to finish the week up 0.84%. At the time of writing, the pair trades above…
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