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: Dollar
US Dollar starts the week neutral, inflation data to set the week’s pace
USD steady course remains unaffected by geopolitical tensions despite the lack of substantial fundamentals. Fed officials maintain positive projections of the US labor markets amid […]
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 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 […]
US Dollar sees green after Monday’s volatility
After a shaky Monday, the USD recovered, and Tuesday is unlikely to see much movement. Amid renewed market sentiment, US Dollar (DXY) gains and remains […]
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 […]
US Dollar gains and shakes off FOMC losses
The US Dollar strengthens post-FOMC decision with market participants setting their sights on Friday’s Nonfarm Payrolls data. In spite of signs of disinflation, the US […]
Dollar nurses losses after Fed hints rate cuts on the way; yen firms
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was soft on Thursday after the Federal Reserve opened the door for an interest rate cut […]
Gold rises amid soft US Dollar as traders eye next week Fed meeting
Gold price bounces from daily lows of $2,356, now at $2,385. Fed’s preferred inflation gauge shows mixed results, edging closer to the 2% target. US […]