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August 4, 2023
The Reserve Bank of Australia (RBA) released its quarterly Monetary Policy Statement (MPS) on Friday, suggesting a reduction in the central bank’s inf
August 4, 2023
The Australian Dollar (AUD) rebounds strongly against the US Dollar (USD) on Friday, after Nonfarm Payrolls (NFP) data shows the US added 187K new job
August 4, 2023
The AUD/USD pair corrects sharply after facing tough barricades around 0.6590 in the European session. The Aussie asset drops as the US Dollar Index (
August 4, 2023
An official at the People’s Bank of China (PBOC) said on Friday, “RRR cuts, open market operation, MLF, and all structural monetary policy tools need
August 3, 2023
AUD/USD refreshes intraday high near 0.6560 as it justifies the absence of major disappointment from the latest Australian and Chinese statistics duri
August 3, 2023
Australia’s preliminary readings of the second quarter (Q2) Retail Sales improved to -0.5% versus -0.6% QoQ prior. Further, Trade Balance eases to 11,
August 3, 2023
China's Services Purchasing Managers' Index (PMI) rose to 54.1 in July, compared with a 53.9 expansion seen in June, the latest data published by Caix
August 3, 2023
AUD/USD portrays the typical inaction ahead of the key data/events as it makes rounds to 0.6550 amid early Friday morning in Canberra. In doing so, th
August 3, 2023
On Thursday, the AUD/USD rose modestly after hitting its lowest level since June 1 at 0.6514. The move higher was driven by a slight decline in the US
August 2, 2023
The AUD/USD pair remains under some selling pressure for the second successive day on Wednesday and continues losing ground through the early European