The AUD/USD pair remains stable after RBA's Chief Economist Sarah Hunter's remarks on the impact of high interest rates on demand. Hunter's comments suggest a mild economic downturn could be
The US Dollar (USD) continued its bullish momentum, building on Monday’s robust rebound and keeping pressure on risk assets in the first half of the week. In response, AUD/USD hovered
The AUD/USD pair continues to drop for the third consecutive day following the release of disappointing Westpac Consumer Confidence data from Australia on Tuesday. Meanwhile, the US Dollar received a
The US Dollar (USD) continued its strong recovery post-NFP, putting pressure on the risk complex. AUD/USD hovered around 0.6650, finding support near the 100-day SMA. Despite recent negative performance, the
The Australian Dollar (AUD) has rebounded against the US Dollar (USD) thanks to the optimistic outlook from the Reserve Bank of Australia (RBA). Governor Michele Bullock's comments last week about
The AUD/JPY pair is facing downward pressure as rising real wages in Japan fuel expectations of further rate hikes by the Bank of Japan (BoJ) before the end of 2024.
The Australian Dollar (AUD) has taken a breather after two days of positive momentum against the US Dollar (USD), as traders exercise caution ahead of the release of US Nonfarm
AUD/USD maintains upward momentum, surpassing key resistance levels. USD weakens further due to labor market concerns, boosting risk assets. Australia's trade surplus expands to over A$6.0B in July, supporting AUD
Australia's Trade Surplus Widens, Market Reacts The latest data from the Australian Bureau of Statistics shows that Australia's trade surplus widened to 6,009M MoM in July, beating expectations of 5,150M.
As the world's top investment manager and financial market journalist, I bring you the latest insights on the Australian Dollar's performance following the Trade Balance data release. Australia's trade surplus