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Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en. Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en.

Australian dollar

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Forex

FX Watch: AUD/JPY, USD/JPY

Australian inflation grew less than expected in February, with the monthly CPI rising 2.4% year-on-year—below the 2.5% forecast and down from 2.7% in January.

2025-03-26T02:41:19+0000

AUD/USD

Trade of the week: long AUD/USD

We would like to go long AUD/USD at $0.6225 with a stop loss below the February low at $0.6080, and an upside target in the $0.6800 region, as we believe that a long-term bottom is in the process of forming.

2025-03-03T13:10:44+0000