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AUD/USD Current Price: 0.7785 Australian March Consumer Inflation Expectations were up 4.1%, beating expectations. Wall Street flirted with all-time highs, ...
EUR/USD Current Price: 1.1917 US core February inflation contracted to 1.3% YoY, hitting the greenback. The ECB is having a monetary policy meeting this ...
Share: The Australian Westpac Consumer Index improved in March to 2.6%. The greenback remained on the back foot amid weaker yields, poor data. AUD/USD is neutral-to-bullish, needs to extend advance beyond 0.7770. The AUD/USD pair trades around 0.7730 heading into the US close, marginally higher daily basis amid a weaker greenback. Still, the latter has pulled back modestly from its monthly highs, and it’s unclear whether it could fall further. As it has been happening lately, it would depend on whether US Treasury yields extend their gains or not. Australia published the March Westpac C...
Share: The American dollar eased alongside US Treasury yields, retains most of its March gains. The EU Q4 Gross Domestic Product was downwardly revised to -0.7%. EUR/USD has corrected extreme oversold conditions, is still at risk of falling. The EUR/USD pair was able to recover some of the recently lost ground but remains under pressure around the 1.1900 figure. The greenback retreated alongside Treasury yields, which reached one-year highs after US Federal Reserve chief’s Jerome Powell said that the central bank is in no rush to raise rates, regardless of yields’ latest behavior. The...
AUD/USD Current Price: 0.7713 Upbeat Australian and equities’ advancing provided support to the aussie. RBA Governor Philip Lowe is due to speak on ...