Dollar moving on up ahead of NFP
Overnight Headlines *Senate approves spending bill averting government shutdown *Oil stabilises following the OPEC+ surprise decision to continue their 400k output increase *Dollar edges higher before US jobs data as…
Read More »Australian Dollar Outlook: Omicron Volatility Weighs on AUD Ahead of Trade Data
The Australian Dollar fell versus the Greenback overnight as volatility picked up after the US announced the arrival of the Omicron variant. Will an upbeat Australia trade balance print help…
Read More »Aussie GDP arrives and pushes AUD/USD up a notch
The Gross Domestic Product released by the Australian Bureau of Statistics has arrived, beating expectations in both the third quarter and the year. T
Read More »Australian Dollar Threatens Key Level as APAC Traders Eye Omicron News
The risk-sensitive Australian Dollar faces a tough session ahead, with APAC traders set to digest fresh news about the new 'Omicron' Covid-19 variant out of South Africa. AUD/USD is flirting…
Read More »Australian Dollar Volatility Remains In-Check, Despite Big Beat On Retail Sales Data. Where to for AUD/USD?
The Australian Dollar remained steady immediately after retail sales data showed a large increase over the month of October. Can AUD/USD find support?
Read More »AUD/USD Eyes Upside on Potential Loan Prime Rate Cut in China
AUD/USD has China's monthly Loan Prime Rate fixing in focus amid an otherwise quiet economic docket. A surprise cut could spur some strength in the Australian Dollar.
Read More »Australian Dollar Forecast: AUD/USD Rises Ahead of RBA Minutes, Lowe Speech
AUD/USD moved higher overnight despite souring sentiment on Wall Street. The RBA’s latest meeting minutes and a speech from Governor Lowe may provide direction for the Aussie Dollar today.
Read More »Australian Dollar Eyes Chinese Economic Data, Will AUD/USD React
AUD/USD is in focus as investors keep an eye out for Chinese economic data that will shed light on China's slowing economic recovery. Meanwhile, Japanese GDP crossed the wires this…
Read More »Australian Dollar Outlook: US Dollar, Treasuries, Commodities. Where to for AUD/USD?
The Australian Dollar weakened during the week as the fall-out from US CPI sent US yields higher, bidding up the US Dollar. Will AUD/USD find a base?
Read More »Breaking: Australian jobs report is not looking good for AUD bulls
Australia’s monthly labour market data has been released as follows and it is not going to be favourable to AUD: Australian Employment Change Oct: -4
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