AUD/USD Forecast: Dollar dynamics continued to drive the price action
The Australian dollar moved further up and surpassed the key 0.6500 barrier vs.
Source: fxstreet.com
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Australian Dollar attempts to hold ground after recent losses on solid US Inflation data
The Australian Dollar (AUD) makes an effort to retrace its recent losses recorded in the previous session. The decline in the AUD/USD pair was driven by robust US inflation data for January, which dashed hopes of an imminent rate cut by the Federal Reserve (Fed) in March.
Source: fxstreet.com
More gradual pace of rate cuts from the RBA and RBNZ could offer some support to AUD and NZD – Wells Fargo
What's up for the Down Under economies? Economists at Wells Fargo analyze the Australian and New Zealand Dollars (AUD and NZD) outlook.
Source: fxstreet.com
AUD/USD: Bearish forecast profile going forward – Danske Bank
The Australian Dollar (AUD) has been among the weakest performing G10 currencies in early 2024.
Source: fxstreet.com
AUD/USD Forecast: Recovery targets the 200-day SMA
The Australian dollar managed to regain some composure and rebounded from Tuesday’s yearly lows near the 0.6440 region vs.
Source: fxstreet.com
Australian Employment Preview: Upbeat figures may give a temporal boost to the Aussie
Australia will unveil January employment figures on Thursday, alongside February Consumer Inflation Expectations.
United States Michele Bullock Melbourne Institute Reserve Bank Australia Governor Michele Bullock February Consumer Inflation
Source: fxstreet.com
Australian Dollar depreciates despite improved Consumer Confidence, US Dollar remains calm
The Australian Dollar (AUD) retreats after posting gains in the previous two sessions, despite the release of improved Australia Consumer Confidence data on Tuesday.
United States Lorie Logan Marion Kohler National Australia Bank Business Confidence Dallas Federal Reserve Fed Bank National Australia Bank Business Conditions
Source: fxstreet.com
AUDUSD Technical Analysis
The AUDUSD pair rejects the trendline once again. What’s next?
Source: forexlive.com
AUD/USD Forecast: Sentiment remains bearish
The Australian dollar encountered renewed selling pressure amidst the sudden and strong rebound in the US Dollar (USD), which was particularly exacerbated after US inflation figures rose more than expected in January.
Source: fxstreet.com
Australian Dollar floats below a psychological level, US Dollar strives to extend gains
The Australian Dollar (AUD) consolidates with a downward bias on Friday, following the losses registered in the previous two sessions.
Source: fxstreet.com