AUD/USD

The Australian dollar softened after a mild monthly CPI figure; AUD had been lifted in the overnight session with a positive market mood and if the RBA holds still next Tuesday, where will that leave AUD/USD?

2023-03-29T04:15:42+0100

As the banking crisis seems to abate and the price of gold is comes down, AUD/USD is expected to resume its descent from its February highs.

2023-03-28T01:18:22+0100

Ahead of the Australian Retail Sales data release, the market is expecting a fall of -0.1% in February following a 1.9% rise in January.

2023-03-27T05:00:23+0100

At the meeting, the RBA raised the cash rate by 25bp from 3.35% to 3.60% and softened its month-old hawkish guidance.

2023-03-20T02:59:35+0000

Improved sentiment overnight towards US banks and financial stability led to a rally in risk assets overnight for markets and the AUD/USD.

2023-03-15T05:52:24+0000

Major US indices pared their initial gains towards the latter half of the session to largely end the day flat, as Treasury yields saw some holding up ahead of Fed Chair Jerome Powell’s testimony today.

2023-03-07T03:10:29+0000

AUD/USD’s decline has paused following surprisingly strong China data and most recently, AUD/USD has been weighed by the relative underperformance of the Australian economy relative to the US.

2023-03-05T23:14:07+0000

The US dollar is holding firm against its peers; despite the re-rating higher of US Fed rate hike expectations, the five-month-long US dollar downtrend hasn’t reversed yet and what is the outlook on EUR/USD, GBP/USD and AUD/USD?

2023-03-02T05:22:15+0000