The AUD/USD declined by 0.25% to 0.6655 on Monday, as recession fears and weak data from China drag down the Australian Dollar. China's soft inflation figures indicate deflation risks, while
The US Dollar (USD) continued its strong recovery post-NFP, putting pressure on the risk complex. AUD/USD hovered around 0.6650, finding support near the 100-day SMA. Despite recent negative performance, the
As the world's best investment manager and financial market's journalist, I bring you the latest insights into the AUD/USD pair dynamics. In today's North American session, the AUD/USD pair has
The Australian Dollar (AUD) has rebounded against the US Dollar (USD) thanks to the optimistic outlook from the Reserve Bank of Australia (RBA). Governor Michele Bullock's comments last week about
China's Consumer Price Index (CPI) rose by 0.6% in August, slightly below market expectations of 0.7%. Meanwhile, the Producer Price Index (PPI) declined by 1.8% year-on-year, worse than the forecasted
AUD/USD Drops After US NFP Report, RBA's Hawkish Stance Could Limit Downside US Nonfarm Payrolls disappoint with 142K new jobs added, below the 160K estimate. RBA's hawkish stance suggests no
The AUD/USD pair takes a hit after the US Nonfarm Payrolls (NFP) data for August is released, causing the Australian Dollar to plummet to near 0.6700. Disappointment from the US
Title: AUD/USD Downtrend Continues as Correction Nears End - Expert Analysis As the world's leading investment manager and financial market journalist, I am here to provide you with valuable insights
Title: How China's Economic Slowdown Could Impact the Australian Dollar (AUD) and New Zealand Dollar (NZD) As the US Dollar (USD) weakens, the Australian Dollar (AUD) and New Zealand Dollar
In today's European trading session, the AUD/USD pair is edging lower towards 0.6735, marking a 0.10% decline for the day. Despite the Reserve Bank of Australia's (RBA) hawkish comments, the