AUD/USD

AUD/USD Current Price: 0.7016 The positive tone of  Wall Street kept the pair up throughout the day. NAB’s Business Confidence Index for May foreseen at -32 from -46 in the previous month. AUD/USD extending its rally above 0.7000 and poised to continue advancing. The AUD/USD pair saw...

AUD/USD Current Price: 0.6937 Australian data keeps beating the market’s expectations and backing the Aussie. The poor performance of global indexes put a cap to the AUD/USD pair’s advance. AUD/USD with a limited bearish scope despite some signs of bullish exhaustion. The AUD/USD...

AUD/USD Current Price: 0.6930 Australian data in-line with the market’s forecast pushed the Aussie higher. The markets remained in risk-on mood, with upbeat US data boosting equities. AUD/USD could correct lower, but buyers ready to add at lower levels. The AUD/USD pair has continued to...

The Reserve Bank of Australia kept its monetary policy unchanged, as expected. Australia to release Q1 Gross Domestic Product, expected to have fallen by 0.3%. AUD/USD retains its bullish potential in its daily chart, despite extremely overbought short-term. The AUD/USD pair has posted a...

AUD/USD Current Price: 0.6657 RBA’s Governor Lowe said that the economy might be in a better condition than originally feared. The Aussie’s advance could be once again attributed to equities’ rally. AUD/USD is holding near a fresh multi-week high but further gains at doubt....

Risk-on sent led to substantial gains in equities and commodity-linked currencies. AUD/USD could extend its rally on a break above 0.6684, the immediate resistance. The Aussie was among the most benefited from the upbeat market’s mood, reaching a fresh 2-month high of 0.6671 and heading...

AUD/USD Current Price: 0.6565 Escalating tensions between the US and China also undermined Aussie’s demand. RBA’s Governor Lowe said that the cost of negative interest rates does exceed the benefits. AUD/USD retains its bullish stance in the short-term, critical support at 0.6530....

China announced tariffs on Australian goods as retaliation over coronavirus origins’ investigation. Australia will publish this Wednesday the Westpac Leading Index for April. AUD/USD holding on to gains and with room to keep advancing. The AUD/USD pair surged to 0.6584, a level that was...

AUD/USD Current Price: 0.6518 Gold and oil prices soared amid increased demand for China and more stimulus hopes. Wall Street rallied amid progress related to a coronavirus vaccine. AUD/USD about to challenge this month high, bullish. The AUD/USD pair has climbed steadily ever since the day...

AUD/USD Current Price: 0.6435 Australia lost almost 600K jobs’ positions in April, worse than anticipated. Chinese Industrial Production and Retail Sales to set the tone in Asia. AUD/USD shows an increasingly bearish potential but needs to break below 0.6400. The AUD/USD pair paid little...

AUD/USD Current Price: 0.6485 Australia to release the April NAB´s Business Confidence index, previously at -66. Chinese inflation expected to recover modestly, still seen deep in the red. AUD/USD retreated from highs but retains its positive tone. The AUD/USD pair peaked at 0.6560 but...

AUD/USD Current Price: 0.6489 Australian trade surplus hit a record of 10602 million in March. Gold prices soared on speculation fed funds rates could turn negative. AUD/USD poised to extend its advance toward the 0.6600 region. The AUD/USD pair surged to 0.6505, its highest for the week, ending...

AUD/USD Current Price: 0.6415 Better than expected Australian data failed to trigger buying. The Australian trade surplus is seen at 6800 million in March. AUD/USD neutral-to-bullish in the short-term, picture may change below 0.6370. The AUD/USD pair is unchanged for a third consecutive week,...

AUD/USD Current Price: 0.6458 The RBA left its monetary policy unchanged as expected. Australian Retail Sales is seen up by 8.2% in March. AUD/USD slightly bullish, stronger momentum seen once beyond 0.6515.   The AUD/USD pair is up heading into the Asian session, some 20 pips higher from...

AUD/USD Current Price: 0.6430 Aussie under pressure amid risk-averse market’s mood. The Reserve Bank of Australia is expected to maintain its policy unchanged. AUD/USD bounced from a one-week low but retains its negative tone. The AUD/USD pair trades with modest intraday gains at the end...