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August 1, 2023
China's Caixin Manufacturing Purchasing Managers' Index (PMI) returned to contraction, coming in 49.2 in July as against the 50.5 reading registered i
August 1, 2023
Hong kong pretty much unchanged. hsbc is listed on the hang seng index, that will be on the move given the much better than expected results that have just come out. australias central bank decided to keep interest rates on hold today for the second month in a row, which is interesting, keeping the cost of borrowing at a%. the aussie dollar has eased slightly on that news. the price of oil is edging up as well, which is interesting. 0n the us, fairly mixed. flat trade for the main markets on wal...
July 31, 2023
The Australian Dollar skipped higher immediately after Chinaโs primary managerโs index (PMI) data outperformed estimates before retreating. The RBA lies ahead. Will they hike or not?
July 31, 2023
On the hourly chart of AUD/USD at FXOpen, the pair gained bearish momentum below the 0.6720 zone. The Aussie Dollar entered a bearish zone after breaking below the 0.6680 support level.
July 29, 2023
The Australian Dollar rollercoaster ride continued last week and might be geared up for another bout of volatility going into the RBA meeting on Tuesday. Will AUD push lower?
July 28, 2023
The US Dollar ascendency got back on track after a tumultuous few trading sessions that has seen most of the major global central banks have their say of the future of monetary policy.
July 26, 2023
The Australian Dollar ran lower immediately after headline CPI printed at 6.0% year-on-year to the end of June, taking the heat out potential hikes by the RBA. Will AUD/USD rally?
July 24, 2023
On the hourly chart of AUD/USD at FXOpen, the pair started a fresh decline from well above 0.6800. The Aussie Dollar traded below the 0.6790 support and moved into a short-term bearish zone.
July 21, 2023
The Australian Dollar has struggled to make ground despite strong local data as the US Dollar machinations continue to ricochet across markets. CPI lies ahead. Will it hit AUD/USD?
July 14, 2023
AUD/USD is showing positive signs and might climb further higher above 0.6900. NZD/USD is also rising and aiming for a move above the 0.6410 resistance zone.