AUD/USD

AUD/USD Current Price: 0.7288 Upbeat Australian employment figures provided temporal support to the aussie. A lockdown in Southern Australia has hurt demand for the commodity-linked currency. AUD/USD lost the 0.7300 level, but the risk of another leg lower is limited. The AUD/USD pair was under...

AUD/USD Current Price: 0.7318 The Australian Wage Price Index posted the lowest quarterly increase on records in Q3. The unemployment rate in Australia is expected to have risen to  7.2%. AUD/USD is maintaining its bullish potential, now depends on jobs’ figures. The Australian dollar...

AUD/USD Current Price: 0.7305 Australia to publish this Wednesday Q3 Wage Price Index and the Westpac Leading Index. The poor performance of equities limited the bullish potential of the AUD. AUD/USD could be developing a double top figure, the neckline stands at 0.7221. The AUD/USD pair...

AUD/USD Current Price: 0.7313 Moderna reported progress in its covid vaccine, stocks surged, providing support to the AUD. RBA’s Governor Philip Lowe dismissed chances of negative rates in Australia. AUD/USD is nearing the monthly high and poised to rally towards 0.7400. The AUD/USD pair...

AUD/USD Current Price: 0.7227 Australian November Consumer Inflation Expectations improved to 3.5% in November.  AUD/USD has turned bearish in the short-term, critical support at 0.7170. The AUD/USD pair remained confined to a tight intraday this Thursday, although it lost some ground and...

AUD/USD Current Price: 0.7276 Australian Westpac Consumer Confidence fell to 2.5% in November from 11.9%. The positive tone of stocks continued to provide support to the AUD. AUD/USD is neutral-to-bearish in the short-term, needs to pierce the 0.7210 support. The AUD/USD pair traded in a well-...

AUD/USD Current Price: 0.7277 Australian AB’s Business Confidence improved from -4 to 5 in October. Limited action around global equities kept AUD/USD ranging. AUD/USD is neutral in the near-term, but the risk is still skewed to the upside. The AUD/USD pair has spent Tuesday confined to a...

AUD/USD Current Price: 0.7289 Australian NAB to unveil October Business Confidence and Business Conditions. Stocks soared on hopes about a coronavirus vaccine showing effectiveness. AUD/USD trimmed intraday gains amid USD demand, risk-on provides support. The AUD/USD pair peaked at 0.7339 this...

AUD/USD Current Price: 0.7275 Australian September Trade Balance posted a surplus of 5630 M. Gold and equities soared, providing support to the commodity-linked currency. AUD/USD holds on to most of its daily gains, should keep rallying in Asia. The Australian dollar kept rallying against its...

AUD/USD Current Price: 0.7186 Australian macroeconomic data was slightly better than anticipated. Rallying Wall Street provided support to the Aussie during US trading hours. AUD/USD topped at 0.7220, renewed buying interest could see it reaching 0.7300. The AUD/USD pair trades around 0.7180, up...

AUD/USD Current Price: 0.7031 NAB’s Business Confidence improved to -10 in Q3 from -15 previously. Wall Street’s modest advance helped AUD/USD to recover some ground. AUD/USD is still at risk of falling in the near-term. The AUD/USD pair fell to 0.7001, its lowest since late July, as...

AUD/USD Current Price: 0.7057 Australian inflation beat expectations in Q3 but fell short of underpinning the AUD. Market participants expect the RBA to expand its government bond purchases next week. AUD/USD maintains a bearish stance in the near term, could fell sub-0.7000. The AUD/USD pair...

AUD/USD Current Price: 0.7131 Australian inflation is expected to have picked up in the third quarter. Gold prices got to post a modest intraday advance, remain close to 1,900.00. AUD/USD remains neutral in the near-term, bulls have better chances on a break above 0.7170. The AUD/USD pair has...

AUD/USD Current Price: 0.7117 The Aussie was unable to take advantage of the greenback, despite Wall Street’s advance. Gold eased amid optimism about a US Trade deal, weighing on the commodity-linked currency. AUD/USD keeps trading above 0.7100 but needs to advance beyond the weekly high....

AUD/USD Current Price: 0.7122 Mixed Australian data barely affected the local currency with the focus on stimulus. A modest Wall Street’s advance kept the pair afloat during US trading hours. AUD/USD is trading above the 0.7100 threshold but lacks bullish momentum. The AUD/USD pair changed...