The Australian Dollar faced losses after the publication of the RBA Minutes from its May monetary policy meeting. China’s Caixin Manufacturing Purchasing Managers’ Index contracted…
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…
Here is what you need to know on Tuesday, May 20: The Reserve Bank of Australia (RBA) and the People’s Bank of China (PBoC) announced…
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…
AUD/JPY forms bullish engulfing pattern after clearing Ichimoku Cloud, signaling further upside potential. Key resistance seen at Tenkan-sen (93.95), followed by 94.36 and May’s cycle…
The Reserve Bank of Australia is set to cut the interest rate by 25 bps to 3.85% in May. Australian central bank Governor Michele Bullock’s…
AUD/USD trades near 0.6455, up 0.80% on the day amid broad US Dollar weakness. Moody’s downgrade of the US credit rating weighs on the Greenback.…
AUD/USD trades near 0.6400 with a cautious tone ahead of RBA rate decision. US consumer sentiment weakened, while inflation expectations climbed, adding to market uncertainty.…
Q1 trimmed mean CPI fell into the RBA’s 2-3% target range for the first time since end-2021. The growth/stability trade-off likely favours more RBA cuts…