TAG: AUD/USD
China Caixin Manufacturing PMI Holds at 50.8 in January Despite Stimulus
HighlightsChina Caixin Manufacturing PMI remained at 50.8 in January.A pickup in overseas demand off...
8 months ago
AUD to USD Forecast: The China Caixin Manufacturing PMI in Focus
HighlightsThe AUD/USD fell by 0.54% on Wednesday, ending the session at $0.65650.Australian inflatio...
8 months ago
AUD/USD Forecast – Australian Dollar Continues to Dip Daily
AUD/USD Forecast Video for 01-02-2024AdvertisementAustralian Dollar vs US Dollar Technical AnalysisT...
8 months ago
AUD/USD Technical: Bulls have failed to break above the 0.6570 resistance
Recent China’s stimulus policies have failed to provide a positive feedback loop for AUD/USD bulls. The recent movement of the AUD/USD seems to be more driven by the fixed income yield spread between the 2-year US Treasury note and the Australian governm...
7 months ago
AUD/USD, EUR/USD and GBP/USD under pressure as greenback appreciates
AUD/USD nears support AUD/USD slips towards its $0.6478 March low which may offer short-term support. Below it lies the February low at $0.6443. This level will remain in play as long as no bullish reversal above $0.6634 is seen. Source: TradingVi...
6 months ago
Asia Day Ahead: Fed’s dovish bets pared, AUD/USD attempts to stabilise
Asia Open The Asian session was slightly mixed to start the day, with Nikkei +0.65%, ASX +0.17% and KOSPI -0.05% at the time of writing. This comes as the surprise expansion in US March manufacturing activities overnight triggered mostly a downside reacti...
6 months ago
Australian dollar eyes RBA minutes
The Australian dollar has started the trading week with considerable losses. In the North American session, AUD/USD is trading at 0.6482, down 0.50%. Will RBA minutes provide any insights on rate path? Investors are eagerly awaiting the minutes from the R...
6 months ago
Australian Central Bank Meeting Removes Rate Hike Option – Minutes
The Reserve Bank of Australia minutes of the March meeting indicated that there was no mention of raising interest rates. This points to a less hawkish stance but the Australian dollar is unchanged following the release of the minutes. Reserve Bank drops...
6 months ago
Aussie rally continues as services PMI rises
The Australian dollar continues to power ahead and has posted strong gains for a third straight day. In the North American session, AUD/USD is trading at 0.6614, up 0.75%. Australian Services PMI shows faster expansion The driver behind the Aussie’s sharp...
6 months ago
AUD/USD climbs amid commodity surge and positive PMIs
AUD/USD's strong rebound The AUD/USD showed notable resilience last week, rebounding from below 0.6500 on Monday to nearly touching 0.6600 by week's end. This recovery was largely driven by rising commodity prices and unexpectedly strong global PMI figure...
6 months ago
AUD/USD eyes confidence reports
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6 months ago
Australian dollar extends gains despite soft confidence data
The Australian dollar is in positive territory on Tuesday. In the European session, AUD/USD is trading at 0.6620, up 0.25%. Consumer confidence sags Australian consumers have been pessimistic about the economy and their mood soured even more in April. The...
6 months ago
EUR/USD, EUR/GBP and AUD/USD rallies pause ahead of US CPI
EUR/USD awaits key US data EUR/USD awaits key US data and is expected to trade in low volatility beforehand. Resistance sits in $1.0885 to $1.0897 region, a rise above which would eye the $1.0942 late March high. Potential slips should find support a...
6 months ago
Australian dollar slides on hot US inflation report
The Australian dollar has declined sharply on Wednesday. In the North American session, AUD/USD is trading at 0.6515, down 1.7%. US inflation higher than expected at 3.5% The US consumer price index has accelerated for a second straight month. The March C...
6 months ago