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Australian Dollar struggles after disappointing economic data release, US PCE index eyed
The Australian Dollar holds losses following the disappointing economic data released on Friday. Australia’s Retail Sales fell 0.1% MoM in…
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AUD extends losses as US Dollar advances on court ruling of Trump tariffs
The Australian Dollar depreciates as the US Dollar is trading more than 0.50% higher on Thursday. Australia’s Private Capital Expenditure…
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AUD remains tepid as US Dollar rises ahead of FOMC Meeting Minutes
The Australian Dollar depreciates as the US Dollar extends its gains on Wednesday. Australia’s Monthly Consumer Price Index remained steady…
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Trade of The Day – AUD/USD
Facts:AUDUSD is trading in an upward trend from 16th of mayThe pair bounced off the key support at 0.6465 Recommendation: Trade:…
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AUD remains subdued despite a weaker US Dollar due to growing debt issues
The Australian Dollar holds losses below a level after pulling back from a six-month high of 0.6537. China Industrial Profits…
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AUD remains stronger as US Dollar struggles on growing debt concerns
The Australian Dollar strengthens as the US Dollar attracts sellers due to rising US economic concerns. However, the AUD may…
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AUD strengthens as Trump’s One Big Beautiful Bill advances to Senate floor
The Australian Dollar gains ground as the US Dollar weakens amid lower Treasury yields. The AUD could struggle as RBA…
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AUD holds ground as US Dollar struggles on shaky market sentiment
The Australian Dollar strengthens as the US Dollar weakens on Thursday. Australia’s Manufacturing PMI remains steady at 51.7 in May,…
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AUD holds gains as USD extends losses on Fed caution
The Australian Dollar strengthens as the US Dollar weakens amid concerns over the economic outlook and declining business sentiment. Federal…
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Chart of The Day – AUD/USD
The Australian dollar weakened against the US dollar, with AUD/USD falling 0.5% to 0.6428 after the Reserve Bank of Australia…
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