AUD
AUD, Market Analysis, Technical Analysis, USD
Australian Dollar Hits Nine-Month Low as Fed Rate Hike Expectations Strengthen US Dollar
The Australian dollar fell below US$0.69 on Thursday, reaching its weakest level since late January as renewed US dollar strength and deteriorating domestic economic sentiment weighed on the currency. Expectations of a more aggressive Federal Reserve policy response following stronger-than-expected US inflation have increased pressure on the Aussie, while weakening Australian housing data and falling […]
by Currency Hedger
- 0 Comments
- 14 hours ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Weakens below 109.50 as bearish signals reinforce downside bias
The AUD/JPY cross trades in negative territory around 109.30 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD), bolstered by heavy official intervention. According to quarterly figures released by the Ministry of Finance (MOF) on Monday, Japan conducted currency market interventions on three days between July […]
by Currency Hedger
- 0 Comments
- 3 days ago
AUD, EUR, GBP, JPY, Market Analysis, NZD, Technical Analysis, USD
South Korean Won Leads Currency Gains as Dollar Index Retreats – Global FX Market Update
Global currency markets are showing broad-based gains across several major currencies, with the South Korean won leading the advance after strengthening by 0.82%. The New Zealand dollar followed with a 0.79% increase, while the Australian dollar gained 0.34%. The British pound and Japanese yen both advanced by 0.17%, while the euro recorded a smaller gain […]
by Currency Hedger
- 0 Comments
- 4 days ago
AUD, Market Analysis, Technical Analysis
Australian Dollar Remains Near Multi-Month Lows Above 0.68 as Strong US Dollar Offsets Hawkish RBA – Monday Market Outlook
The Australian dollar trades above 0.68 against the US dollar on Monday but remains close to multi-month lows as renewed strength in the greenback offsets support from increasingly hawkish Reserve Bank of Australia commentary. The RBA continues to highlight persistent inflationary pressures, with officials warning that rising investment in artificial intelligence infrastructure and energy demand […]
by Currency Hedger
- 0 Comments
- 4 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Extends decline below 109.00, bearish bias remains intact under 100-day SMA
The AUD/JPY cross trades in negative territory around 108.90 during the early European trading hours on Friday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) on safe-haven flows and Bank of Japan (BoJ) rate hike signals. Fears of tighter scrutiny of the Artificial Intelligence (AI) industry, particularly around data center construction, have unsettled […]
by Currency Hedger
- 0 Comments
- 6 days ago
AUD, GBP, JPY, NZD
New Zealand Dollar Leads Currency Declines as US Dollar Strengthens Across Global FX Markets
The New Zealand dollar is leading losses across major currencies, declining by 0.61% as the US dollar strengthens against a broad group of international peers. The Australian dollar is also under pressure, falling 0.53%, while the Polish zloty, euro, British pound and Japanese yen are recording smaller declines. The latest currency movements indicate a broad-based […]
by Currency Hedger
- 0 Comments
- 7 days ago
AUD, Market Analysis, Technical Analysis, USD
Australian Dollar Forecast: AUD/USD Hits Three-Week Low Below $0.70 as Risk Aversion and RBA Uncertainty Weigh
The Australian dollar has fallen below $0.70 against the US dollar, reaching a three-week low as a sharp sell-off in technology stocks reduces demand for risk-sensitive currencies. The decline reflects growing investor caution following the Democrats’ sweeping victory in the US midterm elections, which has raised concerns that tighter regulation of the artificial intelligence industry […]
by Currency Hedger
- 0 Comments
- 7 days ago
AUD, Market Analysis, Technical Analysis, USD
Australian Dollar steadies above 0.7000 on strong trade surplus, subdued USD
AUD/USD continues to consolidate above the 0.7000 level on Thursday, trading around 0.7010 at the time of writing, up a modest 0.04% on the day. The Australian Dollar (AUD) benefits from persistent weakness in the US Dollar (USD) and encouraging Australian trade data, despite the cautious monetary policy outlook of the Reserve Bank of Australia […]
by Currency Hedger
- 0 Comments
- 1 week ago
AUD, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Holds gains near 111.00, but maintains bearish tone below 100-day SMA
The AUD/JPY cross trades in positive territory around 110.90 during the early European trading hours on Monday. Growing expectations for an imminent interest rate hike from the RBA provide some support to the Australian Dollar (AUD) against the Japanese Yen (JPY). Traders await the Reserve Bank of Australia (RBA) policy meeting later on Tuesday. The […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
AUD, Market Analysis, Technical Analysis
Australian Dollar Falls Towards $0.70 as RBA Prepares Fifth Rate Hike Amid Persistent Inflation
The Australian dollar is weakening towards US$0.70 as investors prepare for a crucial Reserve Bank of Australia (RBA) monetary policy decision, with expectations building that the central bank will raise interest rates to their highest level in almost two decades. The RBA is expected to increase its benchmark cash rate by 25 basis points to […]
by Currency Hedger
- 0 Comments
- 2 weeks ago