Tag Archives: aud/usd

The AUD/USD stopped the bleeding and jumped off weekly lows at around the 0.6700 figure after the US Producer Price Index report for August eased some of Tuesday’s CPI worries, which sent most risk assets to the red territory, while the US dollar rose above the 110.00 thresholds, on renewed …

The Australian dollar is one of the top performers on Friday. The AUD/USD pair has retreated from near 0.6880 and found support at 0.6820.The AUD/USD peaked during the European session at 0.6877, the highest level since August 31 and then pulled back amid a stabilization of the greenback. The retreat …

The AUD/USD pair falls from weekly highs at around 0.6830s due to increased odds of an aggressive Fed hike.On the US front, the ISM Non-Manufacturing activity for August surprisingly exceeded estimations, easing US recession worries whereas Australia’s GDP for the Q2, quarterly and yearly, is eyed on Wednesday’s Asian session.The …

The AUD/USD bulls are hanging following a significant strong move to the upside as China’s stimulus boosted risk sentiment and the proxy AUD.The Jackson Hole is now the main focus across financial markets. The AUD/USD pair is 1% higher on the day as the US dollar continues to find sellers …

The AUD/USD pair is back to flat on the day following a risk-off-led drop at the start of the week. The bears are waiting for the Jackson Hole around the corner amid Chinese economic fears.AUD/USD bulls are attempting to stabilize the pair following a test of daily lows at the …

The AUD/USD pair slides more than 1.40% on Wednesday due to cooler-than-expected Australia’s Wage Price Index (WPI). Risk aversion keeps investors rushing towards safe-haven assets, bolstering the US dollar.AUD/USD is currently below the 20/50-day EMA, on a risk-off impulse spurred by recession fears lingering on investors’ minds, while US Retail …

AUD/USD bulls move in to put the Aussie into the green for the day. China and recession worries flared up a flight to the US dollar. The AUD/USD pair has been pressured on Tuesday after weak global economic data, particularly in China, reignited global recession fears. The safe-haven US dollar …

During its meeting, on Tuesday, August 2, the Reserve Bank of Australia is expected to hike the cash rate by 50 bps. The current cash rate is at 1.35%, a level that Australian monetary policymakers consider as ‘below neutral’, while they consider the neutral level is at least 2.5%. Smaller …

Market sentiment is mixed on Monday, but the AUD/USD pair is boosted by the softer US dollar and the RBA’s awaited decision.US ISM Manufacturing data stays in expansionary territory, though prices and new orders dropped. The AUD/USD pair rises above the 0.7000 figure on a mixed sentiment session, encouraged by …

The AUD/USD pair is moving through a critical level on the daily chart (see below) and has reached a high of 0.7000 following a dovish outcome at the Federal Reserve. AUD/USD has climbed by over 0.8% on the day so far from a low of 0.6911 to a high of …