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
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
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
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,
Share: The latest data on Tuesday showed that the preliminary S&P Global Australian Services PMI posted 47.6 in October from 51.8 in September. On the other hand, the Manufacturing PMI eased to 48.0 from 48.7 in the previous reading. Furthermore, the Composite Index came in at 47.3 versus 51.5 prior. Market reaction At the press time,
Share: AUD/USD recovers its losses ground above the 0.6300 mark in early Monday. Fed Chair Jerome Powell and other officials believe rates will stay on hold and may have peaked unless inflation rises. The latest Australian jobs data showed the labor market is easing. Market players will monitor the preliminary Australian S&P Global
The AUDUSD is in the midst of a down-and-up market today. The move to the downside did find support against the lows from yesterday near 0.62953 (and above the low from last week and 0.62858 too). The low price today reached 0.62967. The price rebound has moved up toward the high from the early Asian
US Dollar, DXY, Euro, British Pound, Australian Dollar – Outlook: Too soon to say if USD has topped. EUR/USD and GBP/USD appear to be in search of a bottom; AUD/USD drifts lower. What is the outlook and key levels to watch in EUR/USD, GBP/USD, and AUD/USD? Discover the power of crowd mentality. Download our free
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,
