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AUD/USD seems vulnerable near YTD low, around mid-0.6300s ahead of US CPI
AUD/USD hits a fresh year-to-date low and is pressured by a combination of factors. The RBA’s dovish tilt and China’s…
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AUD/NZD Recommendation From Goldman Sachs
Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the…
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Chart of The Day – AUD/USD
The Central Bank of Australia (RBA) decided to keep interest rates unchanged at 4.35%, in line with market expectations. However,…
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AUD/USD – Bullish reversal move looks likely
AUD/USD jumps to near 0.6420 with investors focusing on the RBA monetary policy announcement on Tuesday. The RBA is expected…
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The Australian Dollar plunges and approaches August lows
On Friday, AUD/USD dropped near its August lows at 0.6350, following the release of the US NFP report for November.…
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Australian Dollar struggles amid weak GDP data and RBA dovish outlook
AUD/USD holds near four-month lows near 0.6400, pressured by disappointing Q3 GDP figures in Australia. The RBA’s dovish expectations gain…
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Trade of The Day – AUD/USD
Facts: The AUDUSD exchange rate is at the lower boundary of a two-year consolidation channel. The dollar, after several strong…
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AUD/USD holds steady above 0.6500 and lacks bullish conviction
AUD/USD attracts buyers for the third straight day amid a modest USD weakness. Geopolitical risks and trade war concerns keep…
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AUD/USD maintains its offered tone below 0.6500, looks to FOMC minutes for fresh impetus
AUD/USD dropped to a fresh multi-month trough after Trump’s tariff threats on Tuesday. Bets for slower Fed rate cuts lift…
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AUD/JPY extends losses to near 100.50, downside seems limited due to hawkish RBA
AUD/JPY could gain ground due to potential foreign inflows amid an improved Australian share market. The AUD finds support from…
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