AUD/USD soared on Friday after Powell’s words at the Jackson Hole Symposium. Powell hinted that the Fed is ready to cut rates. On the other […]
Tag: Dollar
Australian Dollar remains solid as US Dollar depreciates ahead of Fed Powell’s speech
The Australian Dollar gains ground due to an improved risk-on mood on Friday. The AUD may appreciate further due to the hawkish sentiment surrounding the […]
New Zealand Dollar remains strong after PBoC holds Loan Prime Rates steady
The New Zealand Dollar gains momentum in Tuesday’s Asian session. The positive risk sentiment weighs on the US Dollar and lifts NZD/USD. The PBoC left […]
Dollar falls on bets for dovish Fed
By Rae Wee SINGAPORE (Reuters) -The U.S. dollar declined broadly on Monday and slid against the yen in particular as investors bet on a dovish […]
Australian Dollar steady as hawkish RBA makes the Aussie gain interest
AUD/USD shows an increase, climbing to 0.6950. RBA’s Bullock was on the wires and maintained its hawkish stance. A weaker USD also benefited the Aussie. […]
US Dollar softened ahead of the weekend after mid-tier data
USD slid following the University of Michigan Sentiment figures and housing market data. Markets remain confident about a cut in September. Greenback might continue being […]
Canadian Dollar firms up against Greenback on Friday
The Canadian Dollar was broadly softer, but gained against USD on Friday. Canada is due to release its latest CPI inflation update next week. US […]
US Dollar slumps below 103.00 as Fed rate-cut bets remain firm
The US Dollar falls as investors seemed confident about the Fed reducing interest rates in September. Robust US Retail Sales growth and lower weekly Jobless Claims […]
New Zealand Dollar faces some selling pressure after RBNZ surprises rate cut to 5.25%
The New Zealand Dollar (NZD) loses momentum in Wednesday’s Asian session. The RBNZ cut its Official Cash Rate to 5.25% at its August meeting on […]
Australian Dollar falls after the surprise rate cut by RBNZ
The Australian Dollar depreciates after an unexpected 25 basis points rate cut by the RBNZ on Wednesday. The Aussie Dollar may face challenges due to […]