Australian Dollar, AUD/USD, AUD/JPY – Near-Term Technical Update: Recommended by Daniel Dubrovsky Get Your Free AUD Forecast In recent days, the Australian Dollar has been aiming higher of late with some mixed progress among major currency pairs. Looking at the daily chart below, AUD/USD has turned cautiously higher have positive RSI divergence persisted. The latter
AUD/USD ANALYSIS & TALKING POINTS Moderating US jobs data bolster AUD but one eye on NFP tomorrow. US jobless claims and Fed speak the focus for today. Bullish divergence on daily chart a hopeful sign for AUD bulls. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar is
AUD/USD ANALYSIS & TALKING POINTS Chinese and Australian PMI’s disappoint. US PMI data and Fed guidance to come later today. AUD long upper wick suggests the possibility for further downside. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter AUSTRALIAN DOLLAR FUNDAMENTAL
AUD/USD ANALYSIS & TALKING POINTS US bond market guides AUD lower. US economic data and Fed guidance in focus later today. AUD bulls barely holding on. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar remains on the backfoot this Tuesday after the greenback (DXY) climbed to fresh
AUD/USD ANALYSIS & TALKING POINTS Fed guidance = elevated rates for longer. US initial jobless claims in focus later today. Long wick ominous for AUD. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar took a turn lower after yesterday’s FOMC announcement and Westpac lending index data. The
Share: AUD/USD trades at 0.6435, recovering from a daily low of 0.6416, as Chinese economic data boosts market sentiment. US Federal Reserve expected to hold rates steady, with a 99% chance of no change, as investors await ‘dot-plots’ for future rate path. Michelle Bullock to begin her term as the new RBA Governor
AUD/USD ANALYSIS & TALKING POINTS Encouraging news from China back AUD. US data in focus later today. AUD/USD faces trendline resistance. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar is tentatively pushing higher this morning after being depressed for some time. Chinese economic data (see economic calendar
© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Alun John and Brigid Riley TOKYO/LONDON (Reuters) – Jitters about global growth, particularly in China, caused the safe-haven U.S. dollar to hit multi-month highs on the Japanese yen, euro and pound on Tuesday and sent the dollar
Investing.com– Most Asian currencies fell on Tuesday as Chinese service sector data pointed to more headwinds for the region’s largest economy, while the Australian dollar fell sharply after the Reserve Bank kept rates steady, as expected. The U.S. dollar steadied near three-month highs before a slew of Federal Reserve speakers this week. While the greenback
AUD/USD ANALYSIS & TALKING POINTS Lack of Chinese stimulus weighs on Aussie dollar. RBA’s higher for longer > Federal Reserve. Turnaround or continuation for AUD/USD? Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar is trading at extreme levels this Monday as the PBoC decided to modestly reduce
