The Aussie dollar has rallied a bit during the Friday trading session, but we’re still in the same range that we have been in for…
AUD/USD gains ground to around 0.6500 in Monday’s early Asian session. The ongoing “sell America” trend weighs on the US dollar broadly. RBA dovish rate…
The Australian Dollar hits a fresh weekly high near 0.6480, up over 1.20% on the day. The 0.6500 psychological level and descending trendline continue to…
Australian PMI data shows mixed signals, manufacturing holds steady while the services sector softens. AUD/USD reverses early gains, pressured by a slight recovery in the…
Australian Dollar (AUD) fell post-dovish RBA yesterday. AUD last at 0.6445 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Daily momentum is not…
AUD/USD rises at the expense of the US Dollar, which is down due to the US credit rating downgrade. US Republicans didn’t pass President Trump’s…
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6515. Add a stop-loss at 0.6350. Timeline: 1-2 days. Bearish view Sell the AUD/USD…
AUD/USD trades flat at 0.6420 in early Asia after sliding 0.49% on Tuesday as the RBA cut rates to 3.85%. RBA opted for a 25…
The RBA cuts its Official Cash Rate by 25 bps, citing fading upside inflation risks and global headwinds. The Australian Dollar is pressured further by…
AUD/USD trades near 0.6450 as sentiment turns against the Greenback. Moody’s downgraded US credit rating to ‘AA1’ from ‘AAA’, citing mounting fiscal risks. Technical levels…