The AUD/USD pair has surged to multi-day highs near 0.6580, defying the strength of the US Dollar. This upward momentum comes after the Chinese trade surplus narrowed more than expected
The Australian Dollar (AUD) continues to rise against the US Dollar (USD) following the Reserve Bank of Australia's (RBA) decision to maintain the Official Cash Rate (OCR) at 4.35%. RBA
The Reserve Bank of Australia (RBA) Chief Economist, Sarah Hunter, made a surprising revelation on Wednesday, stating that the Australian economy is currently running hotter than previously anticipated. Key Quotes
After hitting fresh 2024 lows near 0.6350, AUD/USD bounced back to two-day highs above 0.6500 following the Reserve Bank of Australia's decision to keep rates unchanged at 4.35%. The Aussie
The Reserve Bank of Australia made the expected decision to keep rates on hold this morning, with a strong focus on inflation. ING’s FX strategist Francesco Pesole highlights the hawkish
On August 6, the Reserve Bank of Australia (RBA) held its cash rate target steady at 4.35% for the sixth consecutive meeting. The interest rate paid on Exchange Settlement balances
The AUD/NZD continues its upward trend following the RBA's decision to maintain the Official Cash Rate at 4.35% during Tuesday's meeting. The Australian Dollar remains strong, but faces obstacles with
Australian Dollar Surges Ahead of RBA Policy Decision: What Investors Need to Know The Australian Dollar (AUD) is making a strong comeback as it prepares for the Reserve Bank of
The AUD/USD pair has hit new lows for 2024, dropping to the 0.6350 level as the risk-off sentiment in the market continues to weigh down on the Australian dollar and
The Australian Dollar (AUD) has weakened against the US Dollar (USD) following the release of disappointing Purchasing Managers Index (PMI) data from Judo Bank on Monday. The Australia Composite PMI