Australian dollar

The Australian Dollar slipped after China’s primary manager’s index (PMI) data missed estimates, adding to concerns about the global growth outlook and if the slowdown continues, will it sink AUD?

2023-05-31T05:03:54+0100

The Australian dollar busted the range last week but appears to be pausing; building approvals came in soft for April but AUD seems to be shrugging it off and the technical conditions might set up the next move for the Aussie.

2023-05-30T04:03:44+0100

Following a flat April for retail sales and softer wages, market expectations lean towards the Reserve Bank of Australia holding rates steady at 3.85% - pending this week's Monthly CPI Indicator.

2023-05-30T03:52:03+0100

USD/JPY has shown signs of losing momentum after a strong rally; AUD/JPY in a strong uptrend but forming a double top pattern and double top pattern indicates a potential reversal.

2023-05-24T02:34:22+0100

This week, all eyes are on the April Retail Sales report, which will play a crucial role in shaping market expectations for the Reserve Bank of Australia's (RBA) interest rate decision in June.

2023-05-22T07:18:28+0100

A sour tone in the US debt ceiling negotiations put a pause on Wall Street’s recent rally to end last week.

2023-05-22T04:59:24+0100

Federal Treasurer Jim Chalmers to unveil Labor government's second budget with focus on economic growth and cost of living relief; what to expect and what are the implications for the AUD/USD.

2023-05-08T06:52:38+0100

US equity market took the chance to rally following US non-farm payroll data, with the extreme bearish positioning among large speculators providing the stage for some shorts unwinding.

2023-05-08T02:56:39+0100