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The Australian Dollar recovered from a fresh low last week with the US Dollar ricocheting on the debt ceiling resolution, but the RBA could play a bigger role in the week ahead.
AUD/USD is moving higher and might climb further higher above 0.6615. NZD/USD is also rising and might surge toward the 0.6145 resistance zone.
The Australian Dollar slipped after China’s primary manager’s index (PMI) data missed estimates, adding to concerns about the global growth outlook. If the slowdown continues, will it sink AUD?
China's official Manufacturing Purchasing Managers' Index (PMI) came in at 48.8 in May as against the 49.2 contraction seen in April, the latest data
GBP loses ground against the Greenback but remains firm against the Euro and Aussie Dollar. Where to next for GBP pairs?