Australian Dollar Holds Gains as Fed Rate Cut Bets Rise and RBA Outlook Steadies
The Australian Dollar (AUD) remained steady against the US Dollar (USD) on Friday, consolidating recent gains driven by dovish US economic signals. The AUD/USD pair…
Posts Tagged: US Jobless Claims
EUR/USD Gains as Peace Hopes Lift Euro, Fed Rate Cut Bets Weigh on Dollar
The EUR/USD pair extended its upward momentum for the third straight day on Thursday, buoyed by renewed optimism over a possible peace agreement between Russia…
EUR/USD Maintains Range Below 1.0800 Amid Cautious Market Sentiment
In the European session on Thursday, EUR/USD remains within its range below 1.0800, supported by a subdued US Dollar as traders exercise caution ahead of…
Dollar Remains Steady Despite Surge in US Jobless Claims, Eyes on Pending Home Sales
The Dollar shows resilience after higher-than-expected US Jobless Claims, keeping the pair near eight-year lows at 0.8335. Initial claims rose by 218K, surpassing market expectations…
AUD/USD Pair’s Recovery Falters Near 0.6620 Amidst Weakening Confidence in Aussie Asset
IN THE EARLY EUROPEAN SESSION, the AUD/USD currency pair has displayed a less confident recovery from its steep drop to aroun session. The Australian dollar…
In Slow Markets, The AUD/USD Picks Up Bids To Recover From Its Intraday Low
Around 0.6930, AUD/USD stabilises daily losses after recovering from the intraday low during early Friday morning in Europe. As a result, the quotation traders lick…