The Australian Dollar (AUD) is marginally higher at around 0.6960 against the US Dollar (USD) during the European trading session on Tuesday. The Aussie pair edges up as the US Dollar comes under pressure due to a decline in United States (US) Treasury Yields ahead of the Consumer Price Index (CPI) data for September, which […]
The AUD/JPY cross comes under some renewed selling pressure on Tuesday and retreats further from the 110.65 resistance zone, retesting the previous day. Spot prices slide to a fresh daily low during the early European session, with bears now awaiting a break below the 110.00 mark before positioning for further losses. Traders remain on high […]
The AUD/USD pair struggles to capitalize on a modest Asian session uptick, trading below the 0.7000 psychological mark and below a nearly two-week high, touched earlier this Monday. Against the backdrop of the recent minor pullback in US bond yields from multi-year highs, the US Dollar (USD) kicks off the new week on a weaker […]
The AUD/JPY cross trades in negative territory around 110.50 during the early European trading hours on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD), with trading activity expected to remain subdued due to a national holiday in Japan. Traders remain on high alert for currency intervention from Japanese authorities to proop up […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Australian dollar is extending its weekly gains against the US dollar as expectations that the Federal Reserve will leave interest rates unchanged in October offset increasingly hawkish signals about the months ahead. AUD/USD advanced approximately 0.38% on Friday, securing a 0.58% weekly gain and […]
The AUD/USD pair edges higher during the Asian session on Friday, looking to build on the overnight bounce from the lower boundary of the weekly range amid a softer US Dollar (USD). Spot prices, however, lack bullish conviction and currently trade above mid-0.6900s, up just over 0.10% for the day. President Donald Trump said on […]
The AUD/USD pair declines to around 0.6965 during the Asian trading hours on Thursday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) after hawkish Minutes from the Federal Open Market Committee (FOMC). The US weekly Initial Jobless Claims report and the Fedspeak will be the highlights later in the day. According to meeting […]
The Australian dollar is consolidating near US$0.70 as the recent three-session advance pauses, with markets turning their attention toward upcoming central-bank signals from both the Federal Reserve and Reserve Bank of Australia. The Aussie continues to benefit from broad US dollar weakness, particularly against the euro as pressure in European bond markets has eased. However, […]
The AUD/JPY cross trades in positive territory near 110.20 during the early European trading hours on Tuesday. Traders await the speech from the Bank of Japan (BoJ) Governor Kazuo Ueda later on Tuesday for more clues on the interest rate outlook. The BoJ could indicate later this month that underlying inflation has reached nearly its […]
The AUD/JPY cross trades in negative territory around 109.70 during the early European session on Monday. The Australian Dolllar (AUD) softens against the Japanese Yen (JPY) as bets of the Reserve Bank of Australia (RBA) raising interest rates in November have fallen sharply after the latest Consumer Price Index (CPI) came in line with expectations. […]