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AUD/USD Forecast: Bears encouraged by escalating tensions

The AUD/USD pair trades in the 0.7190 price zone, ending Tuesday marginally lower. The pair peaked at 0.7226 during US trading hours, helped by the p

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AUD/USD Weekly Forecast: Aussie remains resilient to the dollar's strength

AUD/USD Weekly Forecast: Aussie remains resilient to the dollar's strength
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AUD/USD Forecast: Challenging The 0.7800 Level and Poised To Extend Gains

AUD/USD Forecast: Challenging The 0.7800 Level and Poised To Extend Gains
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AUD/USD Forecast: Trades Lower In Range And Could Accelerate Its Decline Once Below 0.7690

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RBA Minutes hinted at an ultra-loose monetary policy at least until 2024.
US indexes edged lower after struggling to post some gains.
AUD/USD trades lower in range and could accelerate its decline once below 0.7690.
The AUD/USD pair is pretty much unchanged, around 0.7750 for a second consecutive day, as investors struggled with mostly discouraging news. The pair fell intraday to 0.7710, as the Minutes of the latest Reserve Bank of Australia meeting showed that policymakers are committed to maintaining the ultra-loose monetary policy, as they don’t expect a tight enough labour market before 2024. On inflation, the central bank will look through “transitory fluctuations,” adding that they expect it to remain subdued for several years.

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AUD/USD Weekly Forecast: Pressure mounts in the near-term, but bulls still has an ace up the sleeve

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AUD/USD Weekly Forecast: Pressure mounts in the near-term, but bulls still has an ace up the sleeveANALYSIS
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3/12/2021 3:43:24 PM GMT
The Reserve Bank of Australia took action to curb the yields rally.
The US Federal Reserve is having a monetary policy meeting this week.
AUD/USD could fall towards 0.7620 but the long-term bullish picture persists.
The AUD/USD pair is has managed to post a modest advance this week, recovering well above the 0.7700 threshold. The greenback strengthened on the back of soaring government bond yields, but in the case of AUD/USD, the stronger dollar was partially offset by Wall Street reaching all-time highs. The Dow Jones Industrial Average and the S&P both hit records on Thursday, after US President Joe Biden signed the $ 1.9 trillion stimulus bill into law, granting more easy money to markets.

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