Mixed US Retail Sales data shifts focus to the Fed’s updated dot plot and Powell’s rate guidance. AUD/USD tests key moving average support near 0.6500…
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6650. Add a stop-loss at 0.6450. Timeline: 1-2 days. Bearish view Sell the AUD/USD…
Australian Dollar (AUD) could retest the 0.6550 level against US Dollar (USD) before a more sustained and deeper pullback is likely. In the longer run,…
The Aussie dollar initially pulled back just a bit during the trading session here on Monday, which is not a huge surprise considering there are…
The Australian Dollar hits a fresh YTD high as the US Dollar (USD) extends its decline. AUD/USD breaks above 0.6500, as Fibonacci resistance firms at…
The Aussie Dollar regains lost ground on a brighter market mood and the US Dollar’s weakness. Easing concerns about an escalation of the Middle East…
AUD/USD extends the decline to 0.6485 in Monday’s early Asian session. Heightened geopolitical tensions in the Middle East underpin the US Dollar and create a…
The AUD/USD falls on rising geopolitical risks and a lack of fresh fundamental drivers in Australia. The US Dollar gains after Israel attacks Iran’s nuclear…
The Aussie Dollar is trimming losses after a sharp decline on risk-aversion. Israel’s attack on Iran has boosted the US Dollar and other safe assets.…
Australian inflation expectations rise, increasing the likelihood that the RBA may hold back on additional rate cuts. Inflation trends in the United States ease, raising…