Australian Dollar, AUD/USD, US Dollar, Unemployment, CPI, RBA, China – Talking Points The Australian Dollar crumbled after today’s jobs numbers The RBA meeting has taken on a new light with inflation in its sights The market is eyeing next week’s CPI. Will it drive AUD/USD direction? Recommended by Daniel McCarthy Get Your Free AUD Forecast
The U.S. dollar traded higher against most peers on Wednesday amid risk-off sentiment. Compared to the Japanese yen, however, the greenback was largely flat, with USD/JPY fluctuating around the 149.75 level at the time of writing. The ongoing geopolitical conflict in the Middle East, stemming from Hamas attacks in Israel, continued to shape market dynamics,
AUD/USD OUTLOOK: AUD/USD rises for the second straight day Despite today’s moves in FX markets, geopolitical tensions in the Middle East and rising U.S. Treasury yields create a hostile backdrop for the Australian dollar This article looks at key AUD/USD’s technical levels to watch this week Trade Smarter – Sign up for the DailyFX Newsletter
Share: Australian Dollar continues to gain post-release of the RBA Meeting Minutes. RBA board members favored to maintain the current interest rates. Australia’s Consumer Confidence declined to 76.4 compared to the previous figure of 80.1. US Dollar faces challenges due to the dovish comments made by multiple Fed members. Fed member Patrick Harker
AUD/USD OUTLOOK: AUD/USD rebounds following last week’s sell-off The rally in U.S. equities boosts appetite for riskier currencies Despite today’s moves in FX markets, geopolitical tensions in the Middle East create a challenging backdrop for the Australian dollar Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the
Australian Dollar, AUD/USD, US Dollar, Treasury Yields, ACGB, DXY Index – Talking Points The Australian Dollar steadies as risks swirl for markets The US Dollar has been underpinned by firm Treasury yields Markets appear poised for a busy week. Will AUD/USD recover from the lows? Recommended by Daniel McCarthy Get Your Free AUD Forecast The
The AUDUSD is falling to a new session low, and in the process is looking toward the October low at 0.62849. That was also the lowest level going back to early November 2022 (nearly 1 year ago). In trading yesterday, the price fell sharply on US dollar buying after the higher than expected CPI and
FED MINUTES The U.S. dollar, as measured by the DXY index, was modestly higher on Wednesday, attempting to end a 5-day losing streak. Against this backdrop, both EUR/USD and AUD/USD traded with a negative bias, unable to sustain their recent upturn in a sign perhaps of market exhaustion. In other developments, the publication of the
Share: AUD/USD touches new weekly lows at 0.6289, trading with losses of 0.32%. The University of Michigan’s Consumer Sentiment in the US deteriorates, with inflation expectations rising. China’s struggling economy and Middle East geopolitical tensions further dampen AUD sentiment. The Australian Dollar (AUD) touched new weekly lows of 0.6289 against the US Dollar
Share: Australian Dollar moves sideways after trimming intraday gains. Aussie pair dipped post-release of the US headline inflation. Consumer Inflation Expectations raised the odds of RBA to increase interest rates. US Dollar advanced following the slew of upbeat US data, awaiting US Consumer Sentiment. The Australian Dollar (AUD) snaps a two-day losing streak post
