Australian Dollar Forecast: AUD/USD Takes Hit on New Covid Lockdowns
AUD/USD is under pressure as Australia enacts a new round of lockdowns amid worries about the quickly spreading Delta variant of Covid-19. A speech from RBA Governor Lowe is eyed.
Read More »Australian Dollar Outlook: AUD/USD, S&P 500, Chinese Stocks Rise. Fedspeak, NFPs Eyed
The Australian Dollar recovered with the S&P 500 and Shanghai Composite. Was it another overreaction to the Fed? AUD/USD turns to RBA Governor Philip Lowe, Fedspeak and US NFPs next.
Read More »Australian Dollar Forecast: Flash PMIs Ease With RBA Talks in Focus
The Australian Dollar's rebound may have gained another tailwind after a positive flash PMI report from IHS Markit, although the readings eased from May. RBA Assistant Governor Ellis will speak…
Read More »Australian Dollar Outlook: AUD/USD Divergence With Wall Street Risks Continuing
The Australian Dollar may struggle despite ongoing optimism from Wall Street as falling bond yields and inflation expectations sap AUD/USD’s appeal. Focus on the Federal Reserve next.
Read More »Australian Dollar Outlook: Risk Trends in Focus as Traders Weigh Policy Outlooks
The risk-sensitive Australian Dollar was a winner following Friday's US non-farm payrolls miss. Australian Westpac consumer confidence and US CPI are in focus next week as traders weigh central ban…
Read More »Australian Dollar Forecast: AUD/USD to Rise on Prevailing Sentiment?
AUD/USD looks to start the week on a positive tone after last week's US NFP miss increased the expected timeline on ultra-loose global monetary conditions.
Read More »AUD, NZD on approach to Friday’s high. Markets underpricing?
AUD/USD and NZD/USD are back around their highs from Friday Earlier on Westpac questioned if markets are underpricing the price gains for commodities and in particular iron ore. The AUD…
Read More »Forexlive Americas FX news wrap: USD is the weakest currency for the day and week
Forex news for North American trading on April 23, 2021 . The USD is ending the day as the weakest of the major currencies. The EUR was the strongest followed…
Read More »Australian Dollar Risks Wilting if Fed Remains Sanguine on Treasury Yields
The Australian Dollar is aiming to resume its uptrend, but the Fed and its take on the bond market still poses a risk to it ahead. AUD/USD may thus look…
Read More »Australian Dollar Forecast: US Stimulus Boosts AUD/USD to Key Trendline
A $1.9 trillion stimulus relief package was signed into law one day earlier than expected, boosting gains on Wall Street. The risk-on move bolstered AUD/USD higher as it takes aim…
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