As the Australian Dollar (AUD) faces pressure from growth concerns in China and softer iron ore prices, the USD has seen a broad rebound, according to OCBC’s FX analyst Christopher
As the world's top investment manager and financial market journalist, I am closely monitoring the AUD/USD pair as it teeters on a critical level for the uptrend. The recent peak
The Australian Dollar (AUD) showed resilience against the US Dollar (USD) on Monday, despite positive economic data. The rise in Australia's Building Permits by 10.4% in July, the strongest growth
China's Caixin Manufacturing Purchasing Managers' Index (PMI) surged to 50.4 in August, surpassing the forecasted 50.0 figure and showing significant improvement from July's 49.8, according to the latest data released
As the world's best investment manager and financial market journalist, I bring you the latest updates on the AUD/USD pair's trading trends and key market indicators. In Monday's early Asian
The USD showed signs of recovery after sticky inflation data from July's PCE, causing the AUD/USD pair to decline by 0.70% to 0.6750. However, the Reserve Bank of Australia's (RBA)
Title: Australian Dollar (AUD) Forecast: Trading Range Expected Between 0.6775 and 0.6820 The Australian Dollar (AUD) is anticipated to remain within a trading range, potentially fluctuating between 0.6775 and 0.6820.
In today's European session, the AUD/USD pair has surged to near 0.6800, defying expectations after the release of flat Australian Retail Sales data for July. Despite this, the Australian Dollar
The Australian Dollar (AUD) remains stable against the US Dollar (USD) following the recent Retail Sales report, which showed no growth in July compared to the expected increase of 0.3%.
Rising Commodity Prices Boost Australian Dollar Despite Weak Investment Data The AUD/USD saw a 0.30% increase to 0.6810 in Thursday's trading session, supported by the surge in commodity prices, particularly