AUD/USD

AUD/USD Current Price: 0.6523 Chinese data failed to impress, weighing on the commodity-linked currency. Manufacturing activity in Australia expected to have contracted in April. AUD/USD easing from recent highs, at risk of extending its slide. The AUD/USD pair is ending Thursday with modest...

AUD/USD Current Price: 0.6548 Wall Street’s strength kept underpinning the AUD/USD pair. China to release the official PMIs figures for April, services output seen recovering. AUD/USD bullish in the short-term could extend gains beyond 0.6600. The AUD/USD pair has extended its advance to a...

AUD/USD Current Price: 0.6498 Australian RBA trimmed CPI foreseen stable in the first quarter of the year. AUD/USD retains its positive stance, trading at its highest in over a month. Commodity-linked currencies were the best performers against the greenback, despite the sour tone of oil and...

AUD/USD Current Price: 0.6462 Rising equities underpinned the pair, weaker commodities capped the upside. AUD/USD at over one-month high, could continue advancing.  The Aussie advanced against its American rival during Asian trading hours, led by the better market mood, although...

AUD/USD Current Price: 0.6322 Australia released an upbeat preliminary estimate of March Retail Sales. Commonwealth Bank PMI and preliminary trade figures to be out this Thursday. AUD/USD neutral-to-bullish as long as it holds above 0.6250. The AUD/USD pair is marginally higher daily basis,...

AUD/USD Current Price: 0.6295 RBA Meeting Minutes showed that policymakers would continue to step in to support the economy. Risk-aversion weighed on the Aussie, also dragged lower by plummeting equities. AUD/USD turning lower, the decline could accelerate once below 0.6250. The AUD/USD pair is...

AUD/USD Current Price: 0.6345 Governor Lowe expected to provide an encouraging speech despite the ongoing crisis. PBOC cut interest rates to support the economy, helped the Aussie to hold ground. AUD/USD short-term neutral, needs to advance beyond 0.6440 to turn positive. The AUD/USD pair...

AUD/USD Current Price: 0.6305 Australian upbeat employment data failed to underpin the Aussie. China will publish its Q1 GDP during the upcoming Asian session. AUD/USD neutral in the short-term could accelerate its slump once below 0.6265. The AUD/USD pair is ending Thursday little changed at...

AUD/USD Current Price: 0.6331 Australia expected to have lost 40,000 jobs in March amid the coronavirus crisis. The poor performance of global equities weighed on the Aussie. AUD/USD bearish in the short-term but trading above 0.6300. The AUD/USD pair turned south this Wednesday, following the...

AUD/USD Current Price: 0.6428 Gold surged to a fresh multi-year high above $1,720.00 a troy ounce. Australia expected to have lost 40,000 jobs in March amid the coronavirus crisis. AUD/USD is technically bullish, next directional move depending on employment data. The Aussie has extended its...

AUD/USD Current Price: 0.6392 Gold prices surged to their highest since November 2012 amid risk-off. Australian NAB’s Business Confidence Index for March, foreseen at -2 from -4 previously. AUD/USD trading around 0.6400, technically bullish although overbought. Commodity-linked currencies...

AUD/USD Current Price: 0.6331 Aussie underpinned by soaring gold prices and substantial Wall Street’s gains. China will publish March inflation and money figures during the upcoming session. AUD/USD at one-month highs could extend its gains beyond 0.6400. The AUD/USD pair soared to 0.6362...

AUD/USD Current Price: 0.6236 Australian housing data came in worse-than-expected, Aussie rallied anyway. AUD/USD neutral-to-bullish, immediate dynamic resistance at 0.6260. The Australian dollar was among the best performers against the greenback, reaching 0.6244, its highest in almost a month...

AUD/USD Current Price: 0.6192 The RBA maintained the cash rate at a record low of 0.25%, surprise with an optimistic stance. Global equities rallied, although Wall Street trimmed most gains ahead of the close. AUD/USD holding on to daily gains could continue rallying once beyond 0.6215. The AUD/...

AUD/USD Current Price: 0.6084 The Reserve Bank of Australia is expected to keep its monetary policy on hold this month. Advancing equities underpinned the Aussie which continues to lack self-strength. AUD/USD short-term neutral, bullish potential is quite limited. The AUD/USD pair flirted with...