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…
Read More »Australian Dollar Looks Past China PMI Data, Focus is Now on Key Fed Inflation Gauge
The Australian Dollar gave up gains on upbeat Chinese manufacturing PMI, with AUD/USD now turning its attention to the Fed’s preferred inflation gauge next.
Read More »AUD/USD Price Analysis: Bears appear well-set to approach 0.6540 support
AUD/USD bears keep the reins at a four-month low, making rounds to 0.6580-90 during early Wednesday, following the biggest daily slump in a month. Tha
Read More »Aussie Trade Balance leaves AUD/USD unchanged
The trade balance released by the Australian Bureau of Statistics is out as follows: 11688M vs. exp 12250M; prev 12237M. Exports +1% MoM prior -1%. Im
Read More »Breaking: Aussie data dump crashes AUD/USD
Australia’s data dump, including Gross Domestic Product and the monthly Consumer Price Index have been released and have crushed AUD/USD by over 20 p
Read More »Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, AUD/USD, US CPI
The Dow Jones, Nasdaq 100 and US Dollar face a hotly anticipated US inflation report. Will volatility continue rising? Elsewhere, the Australian Dollar eyes local employment figures.
Read More »Aussie Trade Balance leaves AUD unchanged with eyes on RBA
The Aussie trade balance released by the Australian Bureau of Statistics is out as follows: Australia December balance goods/services A$+12,237 mln, s
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