As the Vice Head at China's National Development and Reform Commission (NDRC) emphasizes the importance of expanding domestic demand and boosting consumption, the market reacts positively to the news. The
China's Caixin Manufacturing Purchasing Managers' Index (PMI) unexpectedly contracted to 49.8 in July, compared to a 51.8 print registered in June, the latest data showed on Wednesday. The market consensus
As the world's best investment manager and financial market journalist, I bring you the latest updates on the Australian Dollar (AUD) following the release of crucial economic data. The Australian
As the world's best investment manager and financial market journalist, I bring you the latest updates on the AUD/USD pair. The pair initially dropped to 0.6516 before recovering and currently
Key Points: Aussie underperforms on mixed inflation data from Australia, RBA's cautious stance provides support. Market Impact: 'Risk-off' sentiment prevails, eyes on Fed's decision for further direction. Technical Analysis: AUD/USD
AUD/USD Breaks Below 0.6500, Hits Two-Month Lows: What's Next for Australian Dollar? As the AUD/USD pair dips below the key support level of 0.6500, investors are left wondering about the
As the world's leading investment manager, I couldn't ignore the significant pressure the Australian dollar (AUD) faced this morning, losing about 0.7% against the US Dollar (USD). Commerzbank’s FX analyst
The Australian Dollar (AUD) saw a decline in performance as Australian bonds surged due to cooler underlying inflation data. According to BBH FX analysts, the policy-relevant trimmed mean CPI came
According to top UOB Group FX analysts Quek Ser Leang and Lee Sue Ann, the Australian Dollar (AUD) is facing a critical level at 0.6480. If this support is breached,
Australia’s Retail Sales, a key indicator of consumer spending, exceeded market forecasts by rising 0.5% month-on-month in June, following a 0.6% increase in May, according to data released by the