Markets drift ahead of NFP
Overnight Headlines *USD closed lower again near one-month lows *US stocks were mixed to kick off the month *Oil prices little changed after OPEC+ ratified output hike USD started September…
Read More »Australian Dollar Forecast: AUD/USD Eyes Q2 GDP to Kick Off September Trading
The Australian Dollar finished August with a loss against the US Dollar. AUD/USD is eyeing Australia's second-quarter GDP print today to kick off the new trading month.
Read More »Events to Look Out for Next Week
Geopolitical risks and virus developments have remained in focus and against that background taper fears have eased. The threat to global growth from the Delta variant is weighing on sentiment…
Read More »Australian Dollar Outlook: AUD/USD at Crossroads of Commodities, Yields, Sentiment
The Australian Dollar has grinded higher, but future direction will likely depend on commodity pricing, yield differentials and risk appetite.
Read More »Market Update – August 17 – Sentiment weak, USD holds gains
Market News Today – USD (USDIndex 92.70) ticks higher again, on risk aversion as Virus concerns (partic. NZ which will enter new nationwide lockdown) and news from Afghanistan weighs. Yields…
Read More »AUD/USD Price Analysis: Further downside hinges on 0.7220 breakdown
After declining the most in over two months the previous day, AUD/USD licks its wounds around 0.7255, up 0.05% intraday, amid Wednesday’s Asian sessio
Read More »Australian Dollar Outlook: AUD/USD at Risk of RBA Taper, Chinese Regulations
The Australian Dollar continues to face headwinds from a number of fronts with divergencies in risk assets, RBA/Fed tapering plans and Chinese Crackdowns.
Read More »Australian Dollar Outlook: AUD/USD Eyes Westpac Consumer Confidence
The Australian Dollar is seeing a mild rebound following a Rising Wedge breakdown. AUD/USD may see volatility on Westpac consumer confidence due out today.
Read More »Australian Dollar May Wobble on Global Covid Cases, Fedspeak, Iron Ore Price Drop
The Australian Dollar may be vulnerable as a combination of rising Covid cases around the world, Fedspeak about tapering asset purchases and falling iron ore prices weigh on AUD/USD.
Read More »Australian Dollar Forecast: AUD/USD May Move on RBA, Covid, China, US NFPs
The Australian Dollar is benefiting from a rebound in sentiment after Wall Street closed higher. AUD/USD looks to the RBA and Friday's NFP report as the week comes to a…
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