Australian Dollar Slides as Weak Jobs Data Dampens RBA Rate-Hike Expectations
The Australian Dollar (AUD) weakened against the US Dollar (USD) on Friday, with AUD/USD falling toward the 0.7130 region during the European session. The decline…
Posts Tagged: Reserve Bank of Australia
AUD/USD Jumps Toward 0.7190 as RBA Rate Hike Fuels Bullish Momentum
The AUD/USD pair is pushing higher toward the 0.7190 region, extending gains after the Reserve Bank of Australia delivered another interest rate hike. The central…
AUD/USD Extends Rally as Ceasefire Keeps Dollar Under Pressure
AUD/USD pushes higher on Thursday, marking a fourth straight day of gains and trading near 0.7087, close to three-week highs. The pair continues to benefit…
AUD/USD Holds Near Monthly Lows as Strong US Dollar and Risk Aversion Weigh
AUD/USD trades near 0.6920 on Thursday, remaining close to monthly lows as the pair continues to consolidate in a bearish range. The Australian Dollar remains…
AUD/USD Falls Despite RBA Rate Hike as Safe-Haven Demand Boosts US Dollar
The AUD/USD pair trades lower near 0.7040 on Friday, declining as renewed safe-haven demand supports the US Dollar (USD), despite positive domestic developments in Australia…
AUD/USD Pulls Back From Multi-Year High as Stronger US Dollar Weighs on Risk Sentiment
The AUD/USD pair trades lower near 0.7040 on Friday, declining around 0.46% on the day after reaching a multi-year peak of 0.7187 earlier in the…
AUD/USD Climbs as Australian Inflation Surprise Revives Rate-Hike Bets
The AUD/USD pair trades near 0.7090 on Wednesday, up about 0.4% on the day, after stronger-than-expected Australian inflation data reinforced expectations that monetary policy will…
AUD/USD Stalls Near 0.7050 as Fed-RBA Policy Divergence Limits Downside
The Australian Dollar struggled to extend Thursday’s rebound against the US Dollar, slipping back into negative territory on Friday after failing to build momentum above…