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Australian Dollar remains stronger following China’s RatingDog Manufacturing PMI data
The Australian Dollar remains strong despite China’s manufacturing PMI easing to 50.9 in July. The US Dollar faces pressure following…
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Australian Dollar Near 7-Week High
The Australian dollar rose above $0.70, approaching a seven-week high, supported by broad weakness in the US dollar and hopes…
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Australian Dollar sticks to intraday gains as BoJ’s on-hold decision keeps Yen pressured
AUD/JPY attracts follow-through buyers and recovers further from its lowest level since April. The wide rate gap between Japan and…
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Trade of The Day – GBP/AUD
Facts: GBPAUD is trading below the 100-period moving average from H4 interval The pair failed to break above the 1:1…
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AUD/USD Price Forecast: Struggles near 0.6950 as bears retain control below 100-EMA on H4
AUD/USD struggles to capitalize on a modest Asian session uptick to the 0.6965 region. Escalating US-Iran tensions and Fed hike…
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Australian Dollar gains despite cooling domestic Inflation, hawkish Fed hold
AUD/USD may depreciate as the US Dollar could find support, as three policy members dissented in favor of a rate…
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Trade of The Day – AUD/NZD
Facts: The pair is trading below a key resistance at 1.2086 AUDNZD sits below 100-period moving average Recommendation: Trade: Short…
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Chart of The Day – AUD/USD drops with inflation! The biggest hawk is folding its wings?
The Australian dollar is sliding today against all G10 currencies in response to lower-than-expected CPI inflation data in Australia (AUD/USD,…
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Australian Dollar falls to one-week low vs Yen as soft CPI triggers heavy selling
AUD/JPY attracts heavy selling following the release of soft Australian consumer inflation figures. Intervention fears prompt some JPY unwinding and…
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AUD/USD Price Forecast: Slides to 0.6970 after failing to clear 38.2% Fibo. hurdle
AUD/USD meets with a fresh supply as geopolitical risks remain supportive of a bullish USD undertone. Bulls shrug off RBA…
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