AUD/USD recovers some lost ground above 0.6300 ahead of Australian PPI data

Share: AUD/USD recovers its recent losses on the softer USD.  The preliminary US Q3 GDP rose 4.9%, Continuing claims rose to the highest reading since May.  The markets anticipate the potential additional rate hike from the RBA at the November meeting.  Investors will focus on Australian PPI, and US monthly core Personal Consumption

EUR/USD, AUD/USD on Shaky Ground Ahead of US GDP Data

EUR/USD, AUD/USD OUTLOOK: Traders will closely watch U.S. GDP data on Thursday The U.S. economy is forecast to have grown by 4.3% in the third quarter Strong economic activity numbers could boost the U.S. dollar, sending both EUR/USD and AUD/USD sharply lower Most Read: USD/CAD Fails to Sustain Breakout after Bank of Canada Decision. What’s

AUD/USD skidding towards 0.6300 as Aussie rolls over against Greenback

Share: The AUD/USD is backsliding on Wednesday, tumbling over 90 pips from the day’s early peak. Further red is on the cards as broad-market risk appetite sours, sending the USD higher. Aussie inflation risks are increasing, and the RBA’s holding pattern has investors worried. The AUD/USD hit an early high of 0.6399 on

Australian Dollar continues the winning streak after upbeat Aussie CPI data

Share: Australian Dollar moves upward toward a major level after stronger Aussie CPI data. Australia’s CPI climbed to 1.2% in Q3, exceeding the market consensus of 1.1%. US Dollar received upward support from upbeat PMI figures from the United States. The Australian Dollar (AUD) continues to gain ground, trading higher for the third

AUD/USD, AUD/JPY, EUR/AUD Setups Ahead of Inflation Data

AUSTRALIAN DOLLAR PRICE, CHARTS AND ANALYSIS: Most Read: Short USD/JPY: A Reprieve in the DXY Rally and FX Intervention by the BoJ (Top Trade Q4) Elevate your trading skills and gain a competitive edge. Get your hands on the Aussie Dollar Q4 outlook today for exclusive insights into key market catalysts that should be on

Australian Dollar continues the winning streak ahead of US data

Share: Australian Dollar extends gains as the US Dollar declines. Australia’s Manufacturing PMI eased to 48.0, while the Services PMI dropped to 47.6. China may approve over 1 trillion yuan in additional sovereign debt issuance. US Treasury Department confirmed the meeting with China to discuss bilateral economic policy matters. The pullback in US Treasury

Has the US Dollar Hit an Inflection Point? GBP/USD, AUD/USD, EUR/USD, USD/JPY

US Dollar Vs Euro, British Pound, Japanese Yen, Australian Dollar – Price Setups: The US dollar’s rally is showing signs of fatigue. Markets expect the Fed to keep interest rates on hold at next week’s meeting. What’s next for EUR/USD, GBP/USD, AUD/USD, and USD/JPY? Supercharge your trading prowess with an in-depth analysis of USD’s outlook,