Share: AUD/USD is still trading around 5% below its mid-July high. Economists at Commerzbank analyze Aussie’s outlook. Downside potential again in 2025 With the US likely to enter a recession in the coming months, while the Australian economy is expected to have a soft landing, the trend is likely to reverse in the
Share: Reserve Bank of Australia (RBA) Governor Michele Bullock said on Tuesday that inflation will be the major challenge for the economy over the next two years. Key quotes “Underlying demand was fueling part of the inflation challenge, and it was not entirely a supply-driven issue.” “Says inflation is a crucial challenge in
Mon: PBoC LPR; German Producer Prices (Oct), New Zealand Trade Balance (Oct) Tue: FOMC Minutes (Nov), RBA Minutes (Nov), NBH Policy Announcement; UK PSNB (Oct), Canadian CPI (Oct) Wed: UK Autumn Statement, Dutch Elections; US IJC (13 Nov w/e), Durable Goods (Oct), Uni. of Michigan Final (Nov), Australian Flash PMIs (Nov) Thu: US Thanksgiving (Market
AUD/USD ANALYSIS & TALKING POINTS RBA’s Kohler and China new yuan loans beat couple to sustain AUD. RBA pricing remains open for future rate hikes. AUD/USD cautious ahead of US CPI tomorrow. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into
Share: AUD/USD declined 0.12% for the day, marking a significant weekly drop from 0.6522 to 0.6338. The RBA’s 25 bps rate hike under new Governor Michele Bullock’s leadership fails to provide a bullish impetus for the Aussie. Jerome Powell’s hawkish tone on US monetary policy adds to the AUD’s woes, with China’s economic
AUD/USD News and Analysis RBA struggling to judge inflation risks as the RBA restarts hikes for second time AUD/USD continues to move lower after rate hike was largely priced in Futures market anticipates no rate cuts next year with potential for one more hike The analysis in this article makes use of chart patterns and
Share: AUD/USD refreshes weekly low near 0.6560 as the broader market mood is risk-off. Fed Powell considered current monetary policy as inadequate to bring down inflation to 2%. The RBA MPS report indicated that further tightening would be largely dependent on incoming data. The AUD/USD pair continues its losing streak for the fifth
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Australian Dollar (AUD/USD) Prices, Charts, and Analysis Download our Free Q4 Australian Dollar Forecast: Recommended by Nick Cawley Get Your Free AUD Forecast The Reserve Bank of Australia hiked rates by 25 basis points earlier today, as the central bank continues to struggle with above-target inflation. The move, widely expected, saw the Official Cash Rate
© Reuters. Investing.com– Most Asian currencies fell on Tuesday as a warning from Federal Reserve officials and signs of more economic headwinds for China dented sentiment, while the Australian dollar tumbled after the Reserve Bank struck a seemingly dovish tone. The U.S. dollar rebounded from six-week lows, firming in Asian trade after Minneapolis Fed President
