TAG: Reserve Bank of Australia
Gold sets a new record high
US indices The session was mixed overnight in the Asia–Pacific (APAC) region, following the lead of US indices on Monday. Hong Kong’s Hang Seng recorded the best performance. The Caixin China General Manufacturing PMI A few important statistics were publi...
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
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 steadies ahead of employment data
The Australian dollar has stabilized on Wednesday, after a 2.2% decline over the past three days. In the North American session, AUD/USD is trading at 0.62254, up 0.37% but remains close to five-month lows. Australian job growth expected to slide Australi...
5 months ago
Australian dollar shrugs off soft job numbers
The Australian dollar is steady on Thursday. In the European session, AUD/USD is trading at 0.6442, up 0.12%. Australia’s employment declines Australia’s job growth hit the breaks in March and fell by 6,600. This missed the market estimate of a gain of 7,...
5 months ago
AUD/USD extends gains as inflation higher than expected
The Australian dollar has edged higher on Wednesday. In the European session, AUD/USD is trading at 0.6504, up 0.27%. The Australian dollar rose as high as 0.6529 (0.64%) after the Australian inflation release but has pared about half of those gains. Aust...
5 months ago
Australian dollar under pressure as inflation rises
The Australian dollar has edged lower on Wednesday. AUD/USD is trading at 0.6525 in the North American session, down 0.14% on the day. Earlier, the Aussie dropped as much as 0.9% and fell to a low of 0.6479 before recovering. Australian CPI climbs to 3.8%...
2 months ago