The AUD/USD pair gathers strength to around 0.6940 during the early European trading hours on Friday. Markets might turn cautious later in the day ahead of the key US economic data and escalating conflicts in the Middle East. Traders will closely monitor the US employment data for September for fresh impetus. Economists expect job growth […]
The Australian dollar remained little changed below $0.70, trading near multi-month lows as a stronger U.S. dollar and surging Treasury yields continued to weigh on the currency. The Aussie is heading for a fourth consecutive weekly decline despite the Reserve Bank of Australia raising its cash rate to a 15-year high of 4.6% in September. […]
The Australian Dollar (AUD) is up against its major currency pairs on Thursday, but is almost flat against the US Dollar (USD) at around 0.6948 in the early European trade. The antipodean outperforms even as market experts see the Reserve Bank of Australia (RBA) shifting to an extended hold after hiking its Official Cash Rate […]
The AUD/JPY cross trades in positive territory around 109.95 during the early European session on Thursday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) as a mixed picture of the Japanese economy may soften the chance of a back-to-back rate hike from the Bank of Japan (BoJ) this month. Japanese manufacturers’ confidence hit […]
The Australian dollar has fallen toward $0.69, reaching an eleven-week low as a powerful combination of rising U.S. Treasury yields, reduced Reserve Bank of Australia rate expectations and persistent geopolitical risks weighs on the currency. Markets have sharply reduced expectations for another RBA rate increase in November after Australia’s August inflation data came in slightly […]
The Australian dollar has fallen below $0.70 and reached a nine-week low after August inflation came in slightly softer than markets expected, prompting a sharp reassessment of the outlook for further Reserve Bank of Australia tightening. The move comes immediately after the RBA raised its cash rate by 25 basis points to 4.60%, its highest […]
The Reserve Bank of Australia has raised its cash rate by 25 basis points to 4.60%, taking borrowing costs to their highest level since 2011. The decision was widely anticipated, with the RBA pointing to persistent inflation pressures and a willingness to tighten policy further if required. However, the Australian dollar has struggled to build […]
(D1/H4) time frame. The analysis uses only the Overbalance methodology, which helps identify points where a trend may continue or where a trend reversal may occur. GBPUSD GBPUSD has been trending upward for quite some time, but recently we have seen a marked deepening of the downward correction. After reaching a high around 1.3660, the […]
The Australian dollar is trading around $0.70, remaining near multi-month lows despite the Reserve Bank of Australia delivering another interest-rate increase. The RBA raised its cash rate by 25 basis points to 4.60%, marking its fourth hike of the year and taking cumulative tightening in 2026 to 100 basis points. Persistent inflation pressures and higher […]
The Australian dollar is trading near 0.7010 against the US dollar as stronger US Treasury yields and increasingly hawkish Federal Reserve expectations keep pressure on AUD/USD. Attention is now turning toward the Reserve Bank of Australia’s upcoming interest-rate decision, which could provide an important counterweight to US monetary-policy expectations. The currency remains caught between two […]