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The Australian Dollar retreated from a 2-week high last week with the US Dollar regaining its ascendency on the back of a hot inflation print in the US. Where to for AUD/USD and AUD/JPY.
The Australian Dollar (AUD) snaps a two-day losing streak post a slew of optimistic economic data from the United States (US) during the week. With US inflation
AUD/JPY plunged more than 1% on Thursday as investors speculated the US Federal Reserve (Fed) could increase rates before the end of 2023, a headwind
This week’s market price action has been very much a function of higher yields exerting downward pressure on stock markets on both sides of the Atlant
AUD/USD is attempting a recovery wave from 0.6285. NZD/USD is also rising and facing a major hurdle near the 0.5980 level.