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Tag: Australian Economy

Australian Dollar gains as investors digest RBA directions

AUD/USD recovered much of its previous losses in Tuesday’s session, following RBA decision. USD started the week softly, and its declines extended following weak Retail...

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Aussie edges higher despite business confidence decline – MarketPulse

The Australian dollar remains close to the 0.66...

AUDUSD trading below 0.66200, while AUDNZD at 1.07472

The Australian dollar (AUD) has been experiencing some interesting movements in the foreign exchange market recently. One notable development is the AUDUSD pair trading...

Australia National Australia Bank’s Business Confidence Increases to 1 in January

Australia National Australia Bank’s Business Confidence Increases to 1 in January The National Australia Bank (NAB) has reported an increase in business confidence in Australia,...

Australian Dollar moves sideways with a negative bias due to RBA dovish stance

Share: Australian Dollar could continue its downward trajectory. Australia’s central bank adopted a dovish stance in their recent meeting. US Dollar seems...

Australian Dollar consolidates post intraday gains amid downbeat China CPI

Share: Australian Dollar looks to snap a three-day losing streak. Australia’s central bank made a dovish rate statement, weakening the AUD. China's...

AUD/USD arrests backslide post-dovish RBA, struggling to reclaim 0.6450

Share: The AUD/USD fell after a dovish RBA hiked rates but talked down expectations at the same time. The Aussie shed...

AUDUSD encounters resistance and experiences corrective selling, according to Forexlive.

The AUDUSD currency pair has recently encountered resistance and experienced corrective selling, as reported by Forexlive. This development has caught the attention of traders...

Rex ups FIFO flights after Qantas–Alliance deal ends

Rex has announced it will significantly expand its FIFO network in Queensland – days after Qantas revealed it would terminate its deal to buy...

Australia CPI inflation picks up in August, meets estimates

Share: The official data published by the Australian Bureau of Statistics (ABS) showed on Wednesday that Australia’s monthly Consumer Price Index (CPI) rose 5.2% in the...

AUD/USD extends losses, CPI looms – MarketPulse

Australian CPI expected to rise to 5.2% The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading...

SA Premier to Qantas: Bring international back to Adelaide

SA Premier Peter Malinauskas has called on Qantas to bring international services back to Adelaide Airport after a decade’s absence. While Jetstar operates flights from...

Tesla Chair Robyn Denholm calls on Australia to build more battery refineries

By Simon Alvarez Posted on September 5, 2023 ...

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