Australian dollar

AUD/USD hits a three-week low as Chinese economic data disappoints and US performance strengthens. Market attention shifts to upcoming Australian economic releases and technical levels.

2024-07-22T07:12:34+0100

The aftermath of the Donald Trump’s assassination attempt over the weekend saw Wall Street edge higher overnight, US dollar firmed, gold prices were higher, and the US Treasury yield curve steepens.

2024-07-16T02:37:00+0100

The assassination attempt on former President Trump and softer Chinese economic data have stirred market uncertainty, potentially impacting the AUD/USD exchange rate and the future performance of the Australian dollar.

2024-07-15T06:13:35+0100

Overnight, eyes were focused on Fed Chair Jerome Powell’s testimony to Congress and it seems that the latest signs of softness in the US labour market has prompted some dovish change in tone.

2024-07-10T02:45:04+0100

​​​​AUD/USD continues to advance as Australia business mood rises to 17-month peak, while EUR/JPY and USD/JPY remain bid.

2024-07-09T23:14:26+0100

The AUD/USD soared to a six-month high last week, closing at .6748 (+1.21%), driven by robust Australian economic data, rising commodity prices, and contrasting expectations for US and Australian interest rates.

2024-07-08T07:08:47+0100

​​​​AUD/USD rallies to 7-month high, GBP/USD to 2-week high on data driven weaker US dollar during Independence day holiday while EUR/GBP stabilizes.

2024-07-05T00:29:12+0100

Bets for a Fed rate cut in September were boosted overnight, as downside surprises in US economic data called for a quicker policy easing to curb weakening economic prospects.

2024-07-04T02:50:22+0100