Share: AUD/USD licks its wounds after falling the most in three weeks the previous day. Markets brace for key central bank speeches at Jackson Hole Symposium. Mixed concerns about policy pivot, higher for longer rates prod traders amid light calendar. US Dollar stays firmer on mostly upbeat data, hawkish Fed talks ahead of
Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Australian Dollar gains most since end of July Retail traders started unwinding bullish bets Will AUD/USD extend higher from here? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Over the past 24 hours, the Australian Dollar soared 0.9 percent against the US Dollar,
US Dollar Vs Euro, British Pound, Australian Dollar – Outlook: USD retreat on Wednesday could an early sign of cracks in the rally. USD hurt by below-expected US PMI data. What is the outlook and the key levels to watch for EUR/USD, GBP/USD, and AUD/USD? Recommended by Manish Jaradi Forex for Beginners There are growing
Australian Dollar, AUD/USD, Moving Averages – Technical Update: Australian Dollar on course for worst month since February AUD/USD trend remains bearish, but key support reinforced What are key levels to watch in the coming 24 – 48 hours? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast At -4.5%, the Australian Dollar is on course
Share: China’s economic indicators signal distress, with weak retail sales, plunging imports/exports, and Evergrande’s bankruptcy filing. US Federal Reserve minutes highlight commitment to 2% inflation target but voices caution against overtightening. Traders eye upcoming S&P Global PMIs in Australia and a slew of US data, including Powell’s Jackson Hole speech, for directional cues.
Share: AUD/USD gains positive traction on Friday and snaps an eight-day losing streak to the YTD low. Hope for more stimulus from China prompts intraday short-covering amid a mildly weaker USD. The Fed’s hawkish outlook and looming recession risks limit the USD losses and cap the major. The AUD/USD pair builds on the
AUD Technical Analysis Recommended by Richard Snow Get Your Free AUD Forecast New Zealand Central Bank Joins the RBA Keeping Rates on Hold The Reserve Bank of New Zealand voted to keep the official cash rate on hold, with the current elevated level of interest rates constraining spending and inflation, as intended. The RBNZ forecast
Share: AUD/USD turns lower for the sixth straight day and slides back closer to the YTD low. China’s economic woes continue to exert pressure on the Aussie amid a bullish USD. Bets for one more Fed rate hike push US bond yields higher and underpin the buck. The AUD/USD pair fades an intraday
Share: AUD/USD picks up bids to refresh intraday high, reverses from YTD low. Mixed RBA Minutes, softer Aussie wage growth and downbeat China data prod Aussie bulls but US Dollar’s retreat favor recovery. Oversold RSI challenges Aussie bears beyond 0.6460-55 support zone. Multiple hurdles stand tall to test upside; 0.6600 appears the key
Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Wall Street managed to start the week higher (DJIA +0.07%; S&P 500 +0.57%; Nasdaq +1.05%), tapping on some recovery in big tech and semiconductors to override earlier jitters around China’s property and financial sector risks. There was not much
