AUD
AUD, JPY, KRW, Market Analysis, NZD, Technical Analysis
Asian Currency Forecast: Australian Dollar Leads Regional Gains as Indian Rupee Falls 0.37%
Market Overview Asian foreign exchange markets are showing mixed performance, with the Australian dollar leading regional currencies higher while the Indian rupee records the sharpest decline among the reported movers. The Australian dollar has gained 0.38%, followed by the South Korean won, up 0.10%. Meanwhile, the Indian rupee has fallen 0.37%, while the Chinese yuan […]
by Currency Hedger
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- 3 weeks ago
AUD, Market Analysis, Technical Analysis
Australian Dollar Forecast: AUD/USD Breaks Above $0.70 as RBA Rate Hike Bets Climb
Market Overview The Australian dollar has climbed above US$0.70, reaching a more than three-week high as hawkish comments from the Reserve Bank of Australia (RBA) strengthen expectations of another interest rate increase. Markets are increasingly focused on persistent inflation, elevated oil prices and the possibility that policymakers will need to tighten monetary policy further to […]
by Currency Hedger
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- 3 weeks ago
AUD, Market Analysis, Technical Analysis
Australian Dollar holds onto gains against US Dollar, PBoC leaves rates steady
The Australian Dollar (AUD) holds onto two-day gains at around 0.6985 against the US Dollar (USD) during the early European trade on Tuesday. The Aussie pair reflects strength as the US Dollar remains under pressure due to Artificial Intelligence (AI) jitters. US Dollar Price Last 7 Days The table below shows the percentage change of […]
by Currency Hedger
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- 3 weeks ago
AUD, EUR, KRW, Market Analysis, Technical Analysis, USD
Forex Market Forecast: Australian Dollar Leads Currency Gains as South Korean Won Strengthens and Major FX Pairs Consolidate
The Australian dollar and South Korean won are leading currency-market gains, rising 0.42% and 0.41%, respectively, as investors assess global economic conditions, interest-rate expectations and regional trade fundamentals. Meanwhile, the Japanese yen, euro, British pound and US Dollar Index are trading little changed, reflecting a more subdued session across several major currency markets. The divergence […]
by Currency Hedger
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- 4 weeks ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Retakes 110.00 on upbeat China GDP; upside seems limited
The AUD/JPY cross attracts some follow-through buyers for the second straight day on Monday, recovering further from an eight-month low, around the 108.65-108.60 region, touched last week. Spot prices climbed back above the 110.00 psychological mark during the Asian session amid a combination of supporting factors. The Australian Dollar (AUD) gets a minor lift in […]
by Currency Hedger
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- 4 weeks ago
AUD, EUR, Market Analysis, NZD, Technical Analysis, USD
New Zealand Dollar Leads FX Gainers as Australian Dollar and Pound Strengthen, While US Dollar Softens
The New Zealand dollar is leading major currency gainers, appreciating 0.52%, while the Australian dollar advances 0.34% and the British pound rises 0.17%. The Japanese yen also edges higher, while the Indian rupee comes under pressure and the US dollar index declines. The euro remains broadly unchanged. The latest moves point to a mixed currency […]
by Currency Hedger
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- 4 weeks ago
AUD, Market Analysis, Technical Analysis
Australian Dollar Forecast: AUD Falls Below $0.70 as Weak Jobs Data Reduces RBA Rate-Hike Bets
The Australian dollar has fallen below US$0.70 as weaker-than-expected employment data prompts markets to reassess the Reserve Bank of Australia’s (RBA) interest-rate outlook. September employment fell sharply, while unemployment rose above expectations, suggesting the labour market may be losing momentum. Attention now turns to quarterly inflation data, which could determine whether further monetary tightening remains […]
by Currency Hedger
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- 4 weeks ago
AUD, JPY, Market Analysis
Australian Dollar gains against Japanese Yen as China CPI inflation rises in September
AUD/JPY extends its gains for the second consecutive day, trading around 110.70 during Asian hours on Wednesday. The currency cross holds gains as the Australian Dollar (AUD) remains stronger following the release of Consumer Price Index (CPI) inflation data from China, Australia’s major trading partner. China’s National Bureau of Statistics reported that its annual CPI […]
by Currency Hedger
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- 1 month ago
AUD, Market Analysis, Technical Analysis, USD
AUD/USD Price Forecast: Declining 20-day EMA builds case for more downside
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 […]
by Currency Hedger
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- 1 month ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Awaits 110.00 break as Yen strength validates bearish setup on H4
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 […]
by Currency Hedger
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- 1 month ago