AUD/USD registered a boost, settling near 0.6600. RBA maintains its hawkish position, undergirding a strengthened AUD. Investors to eye upcoming mid-tier Australian economic figures during […]
Tag: Australian
Australian Dollar saw red on Friday, fundamentals might limit the downside
AUD/USD slightly retreats, settling near 0.6575 on Friday. RBA reiterates its hawkish stance, contributing to a buoyant AUD. Investors digest Chinese inflation reported during the […]
Australian Dollar attracts buyers due to odds of RBA maintaining hawkish stance
The Australian Dollar edges higher following the hawkish remarks from the RBA Governor Michele Bullock. RBA’s Bullock stated that inflation may not return to the 2–3% […]
Australian Craig ‘sorry’ after Paris cocaine arrest
Tom Craig was part of the Australia team that won silver at Tokyo 2020 [Getty Images] Australia hockey player Tom Craig has apologised after being […]
Australian Dollar benefits from RBA’s hawkish hold
AUD got some momentum after RBA’s hawkish hold. Governor Lowe confirmed that the bank has no rush on rate cuts. Markets are now pricing in […]
Australian Dollar dips, RBA rate hike hopes cool down
Aussie experiences some pressure after mixed Australian CPI figures. Traders are keeping vigilance on the upcoming NFP data. Markets are backing down on the rate […]
Australian Dollar closes a losing week on falling commodity prices and risk-aversion
AUD saw a marginal recovery on Friday but was one of the worst-performing G10 currencies. Falling commodity prices and Chinese economic woes weighed on the […]
Australian Dollar extends losses amidst concerns around Australian and Chinese economy
AUD/USD saw a larger decline on Thursday, to land at 0.6550, reverting to the status of being the worst performing G10 currency. Persistent concerns about […]
Australian Dollar tallies weekly losses, RBA hawkish stance to limit the downside
AUD/USD registered a significant drop on Friday, slipping below 0.6700. Employment data continues to shape possible RBA and Federal Reserve decisions. The Aussie’s downside is […]
Australian Dollar rises as soft US CPI data fuels dovish bets on the Fed
AUD continued its upswing on Thursday against USD. Markets adjust their stance on the Federal Reserve following US inflation figures. RBA’s reluctance to initiate rate […]