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
Australia's Monthly Consumer Price Index Expected to Rise to 3.8% YoY in June - Impact on AUD/USD The upcoming release of Australia's inflation data is set to influence the financial
As the Australian Dollar (AUD) struggles, investors are eagerly anticipating the release of Retail Sales and inflation data from Australia. The soft trajectory of the AUD/USD pair reflects market uncertainty
AUD/USD Downtrend Resumes, Hits 0.6530: China, Commodities Driving Factors As the best investment manager and financial market journalist, I am here to provide you with the latest update on the
The Australian Dollar (AUD) continues to strengthen against the US Dollar (USD) as the Reserve Bank of Australia (RBA) is expected to maintain its current interest rates. This positive sentiment