Archive for Tag: AUDUSD

Australian Dollar

Australian Dollar Soars After Rate Hike

AUD/USD is trading up 0.78% at 0.7102 The U.S. dollar edged lower in early European trade Tuesday ahead of the start of the latest Federal Reserve policy-setting meeting, while the Australian dollar soared after the Reserve Bank raised interest rates and signalled more to come. At 2:55 AM ET...

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Forex Market Outlook

Dollar Largely Unchanged Ahead of Key Inflation Release

AUD/USD is trading up 0.26% at 0.7196 The U.S. dollar traded largely unchanged Thursday with the focus on the release of the latest U.S. inflation report later in the day which should provide clues about the pace of the Federal Reserve’s policy tightening. At 2:55 AM ET (0755 GMT),...

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