According to top financial experts at UOB Group, the Australian Dollar (AUD) is gaining momentum and may use the key level of 0.6600 as a support for potential upward movement.
Title: AUD/USD Reverses Downtrend, Eyes Further Gains Towards 200-period SMA AUD/USD has shown a strong reversal off the August 5 lows, signaling a new uptrend in the making. The pair
The AUD/USD pair is on the rise during the early European session, moving closer to a two-and-half-week high reached on Friday. Currently trading around the 0.6600 mark, bulls are eyeing
On Monday, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser delivered a speech at the Economic Society of Australia Business Lunch in Brisbane, sharing key insights and forecasts for
The Australian Dollar (AUD) is on the rise against the US Dollar (USD) as the Reserve Bank of Australia (RBA) signals a potential rate hike in response to inflation risks.
The AUD/USD pair is trading higher near 0.6575 in the early Asian session on Monday, with support coming from the Reserve Bank of Australia's (RBA) hawkish stance and better-than-expected Chinese
The AUD/USD pair experienced a slight retreat, settling near 0.6575 on Friday, marking a 0.30% decline. However, the Reserve Bank of Australia's (RBA) strong hawkish stance and positive Chinese inflation
The AUD/USD pair has surged to a two-and-a-half-week high, supported by a combination of factors that are driving the Australian Dollar higher. The pair is now trading above the key
The Australian Dollar (AUD) experienced mixed movements against the US Dollar (USD) following a surge in USD strength due to positive US Initial Jobless Claims data. However, the AUD gained
China’s Consumer Price Index (CPI) rose 0.5% in July, exceeding market expectations. This uptick follows a 0.2% increase in June, indicating a stronger-than-anticipated inflation trend. On a month-on-month basis, Chinese