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
The Australian Dollar (AUD) has experienced a decline against the US Dollar (USD) following the release of mixed Consumer Price Index (CPI) data on Wednesday. This data offers crucial insights
China's official Manufacturing Purchasing Managers' Index (PMI) slightly decreased from 49.5 in June to 49.4 in July, according to data released by the National Bureau of Statistics (NBS) on Wednesday.
As the Australian Dollar (AUD) continues to decline against the US Dollar (USD), it is important to understand the factors contributing to this trend. Commerzbank’s FX analyst Volkmar Baur points
The AUD/USD pair experienced a significant decline, breaking below the key 200-day SMA and dropping to the 0.6500 region, marking its lowest point in two months. The downward trend was