The Australian Dollar (AUD) is struggling against the US Dollar (USD) as the USD gains strength post-FOMC decision. Chinese economic concerns and reduced rate hike expectations from the Reserve Bank
The AUD/USD has continued its downward trend, falling back to the key 0.6500 region after a brief uptick on Wednesday. The Australian dollar remains below the critical 200-day SMA against
The AUD/USD pair is facing selling pressure after a brief uptick to the mid-0.6500s, reaching a fresh daily low in the early European session on Thursday. Currently trading around 0.6515,
As the world's leading investment manager and financial market journalist, I bring you the latest insights on the Australian Dollar (AUD) trading forecast. According to UOB Group FX strategists Quek
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