AUD/USD

AUD/USD Current Price: 0.7064 The RBA discussed reducing the targets for the cash rate and the 3-year yield towards zero. Wall Street’s comeback provided support to the pair during US trading hours.   AUD/USD is technically bearish, only holding amid absent demand for the greenback....

AUD/USD Current Price: 0.7063 The Reserve Bank of Australia will publish the minutes of its latest meeting. Chinese data indicating economic growth provided support to the Australian currency. AUD/USD is accelerating its decline on US trading hours and approaching 0.7050 support. The AUD/USD...

AUD/USD Current Price: 0.7154 Tensions between Australia and China amid coronavirus origins weighed on the Aussie. Australian Westpac Consumer Confidence is seen at 9.9% in October. AUD/USD at risk of extending its decline in a risk-averse environment. The Australian dollar was among the worst...

AUD/USD Current Price: 0.7213 The Aussie came under pressure after the PBOC lowered the FX risk reserve ratio to zero. AUD/USD eased from its recent highs but the bearish potential seems limited. The AUD/USD pair gapped lower at the weekly opening, stabilizing afterwards around 0.7210 where it...

AUD/USD Current Price: 0.7163 Limited price action on Thursday, equity prices rise across the globe. AUD/USD gained again, needs to climb above 0.7190 to remove negative bias. Aussie outperformed during Thursday’s Asian session and then eased. The Aussie rose across the board during the...

AUD/USD Current Price: 0.7142 Gold prices held near its weekly lows, limiting the bullish potential of AUD. The Australian AIG Performance of Services Index plummeted to 36.2 in September. AUD/USD retains its bearish tone and could accelerate its decline once below 0.7100. The Aussie was able to...

AUD/USD Current Price: 0.7116 The Reserve Bank of Australia left the cash rate at a record low of 0.25% as expected.  Australia will publish the September AIG Performance of Services Index, previously at 42.5. AUD/USD bearish breakout anticipates a steeper decline ahead. The AUD/USD pair...

AUD/USD Current Price: 0.7176 Australian better-than-expected macroeconomic data failed to trigger some action. The Reserve Bank of Australia will likely hint more stimulus coming in the near-term. AUD/USD is holding within familiar levels, neutral but at risk of advancing further. The AUD/USD...

AUD/USD Current Price: 0.7189 Australian AIG Performance of Manufacturing Index contracted to 46.7 in September. August Retail sales in the country are foreseen at -4.2% as previously estimated. AUD/USD  holds on to daily gains could extend its rally beyond 0.7210. The AUD/USD pair reached...

AUD/USD Current Price: 0.7153 Chinese data beat expectations, providing support to the Australian currency. Risk-related sentiment seesawed throughout the day, ended on an up note. AUD/USD holds on to daily gains and could continue advancing in the near-term. Commodity-linked currencies were the...

AUD/USD Current Price: 0.7054 The Australian dollar remained under selling pressure despite Wall Street’s bounce. AUD/USD is still biased lower and poised to test the 0.7000 threshold. The AUD/USD pair recovered from a fresh two-month low of 0.7015 but was unable to turn positive, ending...

AUD/USD Current Price: 0.7077 Falling gold prices and pressured equities weighed on the Aussie. Australian Retail Sales fell 4.2% in August, according to preliminary estimates. AUD/USD is biased lower despite oversold and could even lose the 0.7000 mark. The AUD/USD pair extended its weekly...

AUD/USD Current Price: 0.7163 Australia will publish this Wednesday, August Retail Sales and September Commonwealth PMIs. RBA’s Deputy Governor Debelle said that rate intervention is a policy option. AUD/USD has turned bearish in the short-term, could fall below 0.7100. The AUD/USD pair...

AUD/USD Current Price: 0.7210 Risk aversion weighed on equities, which closed sharply lower in Europe and the US. Gold prices plummeted on dollar’s demand, adding pressure on the Aussie. AUD/USD turned bearish in the short-term and neared a critical support level at 0.7170. The Aussie fell...

AUD/USD Current Price: 0.7305 Upbeat Australian employment data fell short of boosting the Aussie. The negative tone of global equities kept the upside limited for the pair. AUD/USD retains its neutral stance, consolidating around the 0.7300 figure. The AUD/USD pair keeps hovering around the 0....