The final reading of Australia's Judo Bank Services Purchasing Managers Index (PMI) fell to 50.4 in July from 50.8 in the previous reading, below the market consensus of 50.8. The
The Australian Dollar (AUD) has experienced a notable increase in value against the US Dollar (USD) following the release of higher Producer Price Index (PPI) data. Australia's PPI rose by
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
Title: Australian Consumer Price Inflation Rises in 2Q24, Core Inflation Surprises on the Downside As the world's best investment manager and financial market's journalist, I bring you the latest update
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 update on Australia's trade surplus. The trade surplus narrowed to 5,589M MoM in June, slightly
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
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
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