Australian Dollar Rises Following Positive GDP Data The Australian dollar showed signs of recovery, reaching $0.66 and offsetting recent losses as investors absorbed the latest gross domestic product (GDP) report.
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Australia’s Q3 (CPI) Inflation Exceeds Projections: RBA Hike in Focus. In recent months, Australia’s economic landscape has witnessed a significant shake-up, primarily driven by an unexpected surge in consumer inflation
AUD/USD Struggles at Three-Week Low Against a Stronger USD Ahead of US PCE Price Index Fundamental Overview On Friday, AUD/USD finds itself in a tough spot, hitting a low not
Australian inflation and US durable goods orders data, AUD/USD holds ground at 0.6600. In summary, the AUD/USD pair has shown some minor signs of recovery after hitting a fresh five-month
Australia stocks higher at the close of trade; S&P/ASX 200 up 0.41% Australia stocks were higher after the close on Tuesday, as gains in the Metals & Mining, Resources and
U.S. Dollar Indexis trading down 0.14% at 106.24 The dollar fell on Monday, losing some of the gains it had made from Friday’s U.S. jobs data, as currency markets pulled
AUDUSD Technical Analysis: Weekly Chart In the weekly charts, AUDUSD is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI
AUDUSD Technical Analysis: Weekly Chart In the weekly charts, AUDUSD is trading below its previous upward channel. It is trading below all SMAs: MA (5), MA (20), and MA (50).