Australian Dollar Forecast: AUD/USD Extends Bearish Reversal in Fakeout Fallout
AUD/USD rallied strongly last week, clearing key resistance levels, but the breakout appears to have been a fakeout, as the move has led to a sharp bearish reversal.
Read More »Australian Dollar Jumps on Shocker CPI Data. If RBA Hike, Higher AUD/USD?
The Australian Dollar leapt higher immediately after headline CPI printed at 5.4% year-on-year to the end of September, adding to potential hike or hikes by the RBA. Will AUD/USD rally?
Read More »Australian Dollar Drops on Mixed Jobs Data Ahead of CPI. Where to for AUD/USD?
The Australian Dollar slipped lower after employment data today revealed a tighten unemployment rate assisted by a lower participation rate. The RBA is now the focal point.
Read More »Australian Dollar Forecast: AUD/USD Extends Recovery but Outlook Remains Murky
This article takes a close look at AUD/USD, offering an analysis that considers both its technical and fundamental components, and underscores the critical drivers that FX traders should watch in…
Read More »Australian Dollar Dips as US Dollar Rallies After Israel Attack. Lower AUD/USD?
The Australian Dollar slipped to start this week after the US Dollar bounced on haven status and higher Treasury yields and bond spreads might impact further. Will AUD/USD?
Read More »Australian data: August Exports +4% m/m (prior -2%) & Imports 0% m/m (prior +3.%)
Trade balance data from Australia for August 2023 AUD is little changed on the data release, circa 0.6331 This article was written by Eamonn Sheridan at www.forexlive.com.
Read More »AUD/USD rallies despite a firm US Dollar, on risk-on mood and falling US yields
The Australian Dollar (AUD) stages a comeback versus the Greenback (USD) on Friday, and it remains set to finish the week with decent gains. Overall U
Read More »Australian Dollar Looks to Recoup Losses Ahead of CPI; AUD/USD, AUD/NZD, AUD/JPY
AUD is looking for positive catalysts as it attempts to recoup some of its recent losses ahead of key Australian inflation data due Wednesday. What is the outlook for AUD/USD,…
Read More »Australian Dollar Finds Footing Despite Evolving China Concerns. Is AUD/USD Range Bound?
The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick off again, will AUD/USD test…
Read More »Forexlive Americas FX news wrap 14 Jul. USD rises today but down for the week
S&P and NASDAQ snap four-day winning streak. Dow up for the 5th consecutive day Bank of Canada’s Macklem: Our forecast has inflation moving around 3% most of next year WTI…
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