RBA Shielding Aussie Dollar Against Hawkish Fed
AUD/USD ANALYSIS & TALKING POINTS Two hawkish central banks (RBA and Fed) battle it out. U.S. jobless claims in focus later today. AUD/USD sandwiched between 0.69 and 0.70 respectively. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling […]
Aussie won’t stop. Forecast as of 08.02.2023
2023.02.08 2023.02.08 Aussie won’t stop. Forecast as of 08.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Australian dollar is supported not only by China, but also by the Reserve Bank of Australia. The RBA wil not make a pause in the process of monetary restriction as there are no signs of inflation slowdown in Australia. Let’s talk about this […]
Dollar pauses in bullish run; Aussie climbs on RBA’s hawkish outlook By Reuters
© Reuters. FILE PHOTO: A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar eased on Tuesday after its rally the previous day, but still hovered near a one-month peak as traders raised their forecasts of how high the U.S. […]
Aussie can benefit from the most resilient real growth in G10 – SocGen
Since its low in October, AUD/USD has been recovering strongly. Economists at Société Générale expect the pair to enjoy further gains. China’s growth spark is benefiting Australia “The Chinese reopening remains the dominant macro theme in FX, while AUD/USD performance is strongly linked to Chinese equities.” “China’s growth spark is also benefiting Australia. Both China […]
Aussie is a sure-fire bet. Forecast as of 01.02.2023
2023.02.01 2023.02.01 Aussie is a sure-fire bet. Forecast as of 01.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Is Chinese economic recovery good or bad for the global economy? Fixing supply chain problems and strong demand is good, but things are not that simple. Which currency will win anyway? Let’s discuss the Forex outlook and make up an AUDUSD trading […]
FOMO Friday: Aussie On The Up
Spotting Key Moves In A Quiet Week With traders readying themselves for the Fed next week, we’ve seen much quieter action across markets this week. While there’s been some noteworthy developments in terms of central bank comments and data releases, we didn’t quite get the volatility we’ve seen in previous week. The calm before the […]
Aussie Soars As CPI Hits 33-year Highs
Q4 Inflation Spikes HigherThe Australian Dollar is seeing a flood of demand today on the back of the latest CPI figures, released overnight. Aussie inflation was seen spiking back up to 1.9%, quarter-on-quarter, up from 1.8% prior and above the 1.6% the market was looking for. The year-on-year figure was seen rising back up to […]
Dollar flat as Aussie surges; Sterling edges lower on PPI; Ifo eyed By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar was little changed in early trading in Europe on Wednesday, with the market apparently settling in to wait for the release of U.S. fourth quarter figures on Thursday. By 03:05 ET (08:05 GMT), the that tracks the greenback against a basket of six developed market currencies […]
Higher Australian Inflation Expectations Keep Aussie Bid
AUD/USD ANALYSIS & TALKING POINTS Another hike by RBA could be backed post-CPI later this week. China crucial to commodity outlook for Australia. Golden cross may lead to additional AUD upside to come; 0.7000 under threat. Recommended by Warren Venketas GET YOUR FREE AUSSIE DOLLAR Q1 FORECAST AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP Trade Smarter – Sign […]
Aussie falters on soft jobs data, kiwi calm after Ardern resignation By Reuters
© Reuters. FILE PHOTO: An Australian one dollar coin can be seen amongst various other Australian coins at a store in Sydney, Australia, February 11, 2016. REUTERS/David Gray By Stella Qiu SYDNEY (Reuters) – The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data […]