AUD/USD recovers further from two-year low, climbs back above mid-0.6800s

AUD/USD recovers further from two-year low, climbs back above mid-0.6800s

AUD/USD gained some positive traction on Monday amid modest USD weakness. The recent fall in the US bond yields, a positive risk tone weighed on the greenback….

Read more
AUD/USD recaptures 0.6800 though stays downward pressured on a mixed mood

AUD/USD recaptures 0.6800 though stays downward pressured on a mixed mood

AUD/USD reached a new YTD low at around 0.6776. US ISM Manufacturing PMI for June continued expanding but at a slower rhythm. Australia and China’s PMI came…

Read more
AUD/USD bounces off two-week low towards 0.6900 after China PMI, focus on US PCE inflation

AUD/USD bounces off two-week low towards 0.6900 after China PMI, focus on US PCE inflation

AUD/USD remains pressured around intraday low, despite the latest rebound. China’s NBS Manufacturing PMI came in softer than expected, Non-Manufacturing PMI crossed forecasts and prior during May….

Read more
AUD/USD bears back in control below the 0.69 figure

AUD/USD bears back in control below the 0.69 figure

AUD/USD pressured on the strength in the greenback. Investors weigh the rhetoric of the Fed’s chair, Powell.  At 0.6880, AUD/USD is under pressure into the final moments…

Read more
AUD/USD recovers further from two-year low, climbs back above mid-0.6800s

AUD/USD slides to two-week low, eyes mid-0.6800s ahead of Fed Chair Powell

AUD/USD lost ground for the third successive day and dropped to a two-week low on Wednesday. Recession fears weighed on investors’ sentiment and drove flows away from…

Read more
AUD/USD drops towards 0.6900 amid offbeat mood ahead of US/Aussie data

AUD/USD drops towards 0.6900 amid offbeat mood ahead of US/Aussie data

AUD/USD extends the previous day’s pullback from weekly top, stays pressured around intraday low. Market sentiment dwindles amid fears of recession, lack of major catalysts challenge momentum…

Read more
AUD/USD settles around 0.6940s on a weak US dollar

AUD/USD settles around 0.6940s on a weak US dollar

The AUD/USD reports minimal gains of 0.03% on Monday. Higher global bond yields shifted Wall Street sentiment mixed, a headwind for the AUD. AUD/USD Price Forecast: Range-bound…

Read more
AUD/USD remains on the defensive, holds comfortably above 0.6900 amid modest USD weakness

AUD/USD remains on the defensive, holds comfortably above 0.6900 amid modest USD weakness

AUD/USD kicked off the new week on a weaker note, though lacked follow-through selling. The recent slide in commodities, Chinese economic woes acted as a headwind for…

Read more
AUD/USD bears back in control below the 0.69 figure

AUD/USD hits two-day highs above 0.6950 on dollar weakness

US dollar drops on Friday as stocks soar. Commodity prices also recover, US yields remain low.  AUD/USD is modestly higher for the week, holds above recent lows….

Read more
AUD/USD remains depressed below 0.6900 mark, seems vulnerable near one-week low

AUD/USD remains depressed below 0.6900 mark, seems vulnerable near one-week low

AUD/USD remained under some selling pressure for the second straight day on Thursday. Hawkish Fed expectations acted as a tailwind for the USD and dragged the major…

Read more