The AUD/USD held as unemployment data comes in as expected.
The possible beginning of the end of the dollar rise.
The reopening of China favors AUDUSD.
The...
In the face of broad-based USD depreciation, hawkish RBA meeting minutes strengthened the Australian dollar.
The AUD/USD pair renews an intraday high after a three-day...
The AUD/USD exchange rate fell from a two-week high hit earlier this week as the dollar strengthened. Safe-haven dollars have benefited from the Fed’s dovish outlook and cautious attitude. The Australian dollar was bolstered by rising commodities prices, limiting further losses. The AUD/USD price declined during the European session and was last seen around the … Continued
AUD/USD is trading in a narrow range around a two-week high. In the wake of mixed concerns over Russia-Ukraine relations, market sentiment deteriorates. Bulls are also hampered by headlines from China and cautious sentiment ahead of Xi-Biden’s call. In Friday’s Asian session, the AUD/USD price showed a three-day rebound from a monthly low after recently … Continued
AUD/USD updates the intraday high, continuing its recovery from the two-week low. The market sentiment remains negative amid mixed concerns over Ukraine-Russia peace talks and concerns about the Fed. New momentum depends on Powell’s efforts to offset rate hikes, US retail sales, and risk catalysts. The AUD/USD forecast remains bearish despite the recent slight gains. … Continued
AUD/USD has been losing ground amid the firm US dollar. The slowdown in the Chinese economy has been affecting the Aussie. Traders are eying Australian employment data and Fed’s rate decision this week. The AUD/USD price tumbled to the daily lows of 0.7250, losing around 0.50% at the time of writing. The downside is attributed … Continued
