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Australian Dollar holds onto gains against US Dollar, PBoC leaves rates steady
The Australian Dollar clings to gains near 0.6985 against the US Dollar as the latter underperforms. MUFG argues that fading…
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AUD/JPY Price Forecast: Retakes 110.00 on upbeat China GDP; upside seems limited
AUD/JPY gains positive traction for the second straight day amid a combination of supporting factors. Hawkish comments from RBA’s Ken…
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New Zealand Dollar Leads FX Gainers as Australian Dollar and Pound Strengthen, While US Dollar Softens
The New Zealand dollar is leading major currency gainers, appreciating 0.52%, while the Australian dollar advances 0.34% and the British…
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Australian Dollar Forecast: AUD Falls Below $0.70 as Weak Jobs Data Reduces RBA Rate-Hike Bets
The Australian dollar has fallen below US$0.70 as weaker-than-expected employment data prompts markets to reassess the Reserve Bank of Australia’s…
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Australian Dollar gains against Japanese Yen as China CPI inflation rises in September
AUD/JPY holds gains as Chinese September CPI rose 0.9% YoY and PPI surged past expectations to 5.0%. The Japanese Yen…
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AUD/JPY Price Forecast: Weakens to near 110.50, maintaining negative bias under 100-day SMA
AUD/JPY softens to near 110.50 in Monday’s early European session. The cross keeps a negative bias below the 100-day SMA,…
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Australian Dollar edges higher amid modest USD weakness; upside potential seem limited
AUD/USD gains some positive traction as USD remains depressed amid softer US bond yields. Middle East jitters and the hawkish…
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Australian Dollar declines to near 0.6950 on hawkish Fed Minutes
AUD/USD softens to near 0.6965 in Thursday’s early Asian session. Fed officials backed the decision in September to raise interest…
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Australian Dollar Consolidates Near 0.70 as RBA and Fed Outlooks Drive the Next Move
The Australian dollar is consolidating near US$0.70 as the recent three-session advance pauses, with markets turning their attention toward upcoming…
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AUD/JPY Price Forecast: Strengthens above 110.00, while bearish technical bias persists
AUD/JPY gathers strength to around 110.20 in Tuesday’s early European session. The negative outlook of the cross remains intact, with…
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