Australian Dollar Forecast: AUD/USD Action May Swing on Chinese Industrial Profits
The Australian Dollar faces a tough ride higher after Treasury yields surged last week. Monday's APAC session will put focus on Chinese industrial profits. A bright figure may help AUD/USD.
Read More »AUD/USD advances towards 0.7300 as market sentiment improves, US data eyed
AUD/USD consolidates three-week losses, taking the bids to renew intraday high with 0.7276 during Monday’s Asian session. The Aussie pair seems to che
Read More »AUD/USD retreats at 0.7300 amid Evergrande’s failure to pay dollar-denominated bond
Earlier in the Asian session, the aussie was trading at daily highs around 0.7310’s, on the back of the positive market sentiment, amid the hawkishnes
Read More »Australian Dollar Outlook: China, Energy and Yields in Play. What Will Drive AUD/USD?
The Australian Dollar continues to be caught in the crosswinds of external factors as risk appetite fluctuates. Can AUD/USD find firmer footing?
Read More »Australian Dollar Outlook: Commodities Weigh on AUD/USD. Eyes on FOMC, RBA Minutes
The Australian Dollar remains hostage to commodity market gyrations, as low interest rates are unable to attract buyers. Will yields go higher to turn the AUD/USD around?
Read More »Australian Dollar Forecast: AUD/USD Traders Eye Jobs Data Amid Fragile Market Sentiment
The risk-sensitive Austrian Dollar is coming off a down week after market sentiment soured last week. AUD/USD traders are eyeing the upcoming local jobs data as risk trends remain fragile.
Read More »Powell prolongs stimulus punchbowl
Overnight Headlines *USD broadly weakened and is below trendline support *US stocks closed mostly at record highs post Powell’s dovish tone *Gold benefitted form a softer dollar and gained 1.4%…
Read More »Stock markets buoyant
Overnight Headlines *USD quiet over US holiday, steady near lows *US stocks were closed, European shares climbed to near record levels *RBA sticks to taper decision, but commitment on pace…
Read More »USD Bulls Extend, AUD Outlook Depends on RBA, CAD Flips to Short – COT Report
US Dollar longs hit 18-month high, Euro net longs slashed, AUD outlook depends on RBA policy path.
Read More »Australian Dollar Outlook: AUD/USD Turns to RBA Decision After US Non-Farm Payrolls Data
The Australian Dollar is looking to the RBA for clarity of taper timing amid diverging commodity prices and after US non-farm payrolls. Can the AUD/USD rally last?
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