Australian Dollar Down on Russia Sanctions, Ignores Retail Sales Data. RBA Eyed Ahead.
The Australian Dollar was steady after solid retail sales beat expectations ahead of the RBA meeting tomorrow and growing Ukraine uncertainty. Will AUD/USD slide further.
Read More »Australian Dollar Week Ahead: Tough Road Awaits Amid Ukraine, RBA and NFPs
The Australian Dollar has numerous obstacles to face if it wishes to extend gains in the week ahead. These include Ukraine tensions, the RBA rate decision and US NFPs.
Read More »Australian December private sector credit +0.8% vs +0.9% prior
Private sector credit up 0.8% Housing sector credit +0.7% vs +0.7% prior AUD/USD is up 12 pips on the day to 0.6998 but this report isn’t a factor. I nthe…
Read More »AUD/USD Cautiously Higher After China Manufacturing PMI. RBA Inbound
AUD/USD is probing higher after impressive Chinese PMI data. Aussie Dollar traders are eying tomorrow's Reserve Bank of Australia (RBA) policy decision.
Read More »Australian Dollar Outlook: All Eyes on the RBA as Fed Fallout Continues
The Australian Dollar is under the pump despite favourable fundamentals as the US Dollar surges on the back of a hawkish Fed.
Read More »Australian Dollar Outlook: All Eyes on CPI Ahead of RBA and Fed Meetings
The Australian Dollar consolidated this week despite increasing external volatility. Australian CPI could hold the key for AUD/USD in the near term.
Read More »Australian dollar marked up following the strong employment report
Data post is here, a good solid report following yeterday’s wages info: in the year since December 19th 2020 payroll wages rose 9% AUD/USD:
Read More »AUD/USD Battles US Dollar After Westpac Consumer Confidence Disappoints
The Australian Dollar fell overnight as rising Fed rate hike bets boosted Treasury yields and the Greenback. Australia's consumer confidence fell in January on Omicron fears.
Read More »NZD/USD Bulls Target December High After US CPI Fails to Inspire Greenback
The New Zealand Dollar gained along with the Australian Dollar and Chinese Yuan after a red hot US CPI print failed to inspire the US Dollar. A light economic docket…
Read More »Australian Dollar Outlook: US Dollar, Fed, RBA, Commodities. Is AUD/USD Trapped?
The Australian Dollar depreciated last week after Fed hawkishness lifted US yields and the US Dollar. Will interest rates or commodities drive AUD/USD?
Read More »