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The Australian Dollar looks for an excuse to break ranks
AUD/USD was knocked lower this week as a hawkish FOMC powered the US Dollar broadly higher. The RBA held this…
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Australian Dollar softens to near 0.7000 as Vice President canceled trip to talks with Iran
AUD/USD weakens to around 0.7010 in Friday’s Asian session. US Vice President cancels trip to Switzerland for Iran talks. Fed’s…
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Aussie Heads for Weekly Loss
The Australian dollar held below $0.705, near ten-week lows and headed for a modest weekly loss as a stronger US…
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Trade of the day: GBP/AUD
Facts: The price bounced off key resistance at 1.9070 The price sits below the 100-period moving average from D1 interval…
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AUD/USD Price Forecast: Eyes 0.7050 on weaker USD; 100-day SMA holds the key for bulls
AUD/USD attracts fresh buyers on Thursday as the US-Iran peace deal undermines the USD. The hawkish RBA further benefits the…
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AUD/USD – Consolidates above 0.7050; 100-day SMA holds the key ahead of Fed
AUD/USD remains on the back foot for the second straight day, though it lacks follow-through. The RBA’s hawkish tilt supports…
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AUD/JPY – Constructive bias prevails above 113.00, but neutral RSI spurs consolidation
AUD/JPY edges lower to near 113.25 in Wednesday’s early European session. BoJ hiked interest rates by 25 bps to 1.00%,…
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AUD/USD falls after RBA decision despite maintaining a hawkish stance
The Reserve Bank of Australia (RBA) left its cash rate unchanged at 4.35% , ending a streak of three consecutive…
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Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.7090 Short – term trend remains downward from the mid-May…
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Australian Dollar holds losses following RBA decision
AUD/USD remains subdued as the RBA held its Official Cash Rate steady at 4.35%, matching market expectations. China’s Retail Sales…
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