The Australian Dollar strengthens as the US Dollar attracts sellers due to rising US economic concerns. However, the AUD may lose its ground as the…
The Australian Dollar gains ground as the US Dollar weakens amid lower Treasury yields. The AUD could struggle as RBA Governor Michele Bullock maintained a…
The Australian Dollar remains stronger as the US Dollar weakens on Thursday. Australia’s Manufacturing PMI remains steady at 51.7 in May, meanwhile, Services PMI declines…
The Australian Dollar strengthens as the US Dollar weakens amid concerns over the economic outlook and declining business sentiment. Federal Reserve officials highlighted a drop…
The Australian Dollar holds losses after People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%. The Reserve Bank of Australia…
The Australian Dollar faces headwinds as the Trump administration moves to add several Chinese chipmakers to its export blacklist. The AUD remains under pressure despite…
The Australian Dollar strengthened as improving global trade sentiment lifted risk appetite. Australia’s Employment Change report showed 89,000 new jobs added in April, significantly exceeding…
The Australian Dollar holds ground as the US Dollar weakened following softer-than-expected US inflation data. Australia’s Wage Price Index rose by 0.9% QoQ in Q1,…
The Australian Dollar depreciated as the US and China reached a preliminary agreement to significantly reduce tariffs after Geneva talks. Australia’s Westpac Consumer Confidence Index…
The Australian Dollar is gaining support amid rising optimism over the US-China trade talks in Geneva. China’s Vice Premier He Lifeng called the negotiations “an…