China's Trade Balance for July, in Chinese Yuan terms, came in at CNY601.98 billion, shrinking from the previous figure of CNY703.77 billion. Exports increased by 6.5% YoY in July vs. 10.7%
The Australian Dollar (AUD) continues to rise against the US Dollar (USD) following the Reserve Bank of Australia's (RBA) decision to maintain the Official Cash Rate (OCR) at 4.35%. RBA
The Australian Dollar (AUD) has gained momentum following the Reserve Bank of Australia's (RBA) decision to maintain its policy rate unchanged. Governor Lowe's statement that there is no rush for
After hitting fresh 2024 lows near 0.6350, AUD/USD bounced back to two-day highs above 0.6500 following the Reserve Bank of Australia's decision to keep rates unchanged at 4.35%. The Aussie
On Tuesday, the AUD/USD pair made slight gains, approaching the key level of 0.6500 during the New York session. Despite a strong recovery in the US Dollar (USD), the Australian
The Reserve Bank of Australia made the expected decision to keep rates on hold this morning, with a strong focus on inflation. ING’s FX strategist Francesco Pesole highlights the hawkish
The Australian Dollar (AUD) Shows Signs of Rebound, But Faces Resistance at 0.6600 In the world of forex trading, the Australian Dollar (AUD) has been on a rollercoaster ride lately.
As the world's top investment manager and financial market journalist, I am here to break down the latest trends in the AUD/USD pair for you. Despite modest intraday gains, the
As the trading day begins, USD/JPY and AUD/USD are back above 145 and 0.65, signaling a potential shift in market sentiment. According to OCBC senior FX strategist Philip Wee, this
The recent press conference held by Reserve Bank of Australia (RBA) Governor Michele Bullock following the central bank's August monetary policy decision has unveiled crucial insights for investors and financial