Aussie Dollar Bruised by Chinese PMI’s

AUD/USD ANALYSIS & TALKING POINTS Weak Chinese factory activity figures limit AUD upside. US CB consumer confidence in focus later today. Bulls attempt upside breakout as descending triangle resistance comes under pressure. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into

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

Asia FX muted as PMIs boost dollar, Aussie rises on rate hike bets By Investing.com

Investing.com– Most Asian currencies fell slightly on Wednesday as strong overnight data boosted the dollar, while the Australian dollar rose sharply as a strong inflation reading fueled expectations for an interest rate hike in November.  The jumped 0.5% as data showed inflation grew slightly more than expected in the third quarter. The reading came just

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/NZD closes out the week near 1.0840 as Aussie steps over battered Kiwi

Share: The AUD/NZD saw firm gains on the week, Aussie gains nearly 1.3% from Monday opening bell. Kiwi drastically underperforms its closest neighbor, gives up most of its gains from September’s late jump. Aussie touched a fresh one-month high ahead of Friday’s market close. The AUD/NZD finished up a strong trading week with

Aussie Dollar Reacts Positively to RBA Minutes

AUD/USD ANALYSIS & TALKING POINTS RBA minutes and stronger iron ore prices back AUD. US retail sales and Fed speak the focal point for today’s session. AUD recovery cannot be labeled as a reversal just yet. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today

AUD Price Forecast: Aussie Dollar Remains Vulnerable

AUD/USD ANALYSIS & TALKING POINTS Soft Chinese CPI and safe haven demand for USD weighs on AUD. US data under the spotlight later today. New yearly lows looming for AUD/USD? Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market