Page 5 - Aussie Dollar News Today

The Aussie Dollar (AUD) begins Thursday’s Asian session unchanged versus the US Dollar (USD) as the US Federal Reserve (Fed) decides to hold rates and opens the door to ease policy in 2024.

The AUD/USD prints minimal gains as the Asian session begins, following Thursday’s session that witnessed the Aussie Dollar (AUD) bouncing off year-to-date (YTD) lows of 0.6508 on mixed US economic data.

The Australian Dollar (AUD) remains on a downtrend on Wednesday after Australian inflation slowed more than anticipated in the December quarter.

The Australian Dollar (AUD) continues to gain ground on Tuesday amid a stable US Dollar (USD).

The Australian Dollar (AUD) trades higher on Monday, recovering its recent losses in the previous session.

AUD/USD is moving higher and might surge if it clears 0.6610. NZD/USD is also rising and could extend its increase above the 0.6110 resistance zone.

The Australian Dollar (AUD) loses its ground for the second successive day on Thursday.

The Aussie Dollar started a major decline from well above 0.6800 against the US Dollar. AUD/USD dropped below the 0.6650 and 1.0920 levels to enter a bearish zone.

The AUD/JPY reverses its course late in the North American session amid an upbeat market mood, which usually underpins risk-perceived currencies like the Aussie Dollar’s (AUD).

The Aussie Dollar (AUD) extended its gains against the Japanese Yen (JPY) for the second straight day as risk appetite improved, although soft jobs data from Australia might deter the Reserve Bank of Australia (RBA) from tightening monetary policy.