Australian Dollar steadies as US Dollar softens ahead of ISM Services PMI
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Wednesday, extending gains after rising more than 1% in the previous session. The AUD/USD pair remains supported following stronger-than-expected Chinese Services Purchasing Managers’ Index (PMI) data. China’s Services PMI increased to 52.3 in January from 52.0 in December, exceeding market expectations of 51.8. […]
Australian Dollar strengthens on upbeat employment data; US Dollar holds steady
The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Thursday after Australia’s latest employment report significantly outperformed expectations, reinforcing the case for a tighter monetary stance from the Reserve Bank of Australia (RBA). According to data released by the Australian Bureau of Statistics (ABS), Employment Change surged by 65.2K in December, […]
AUD/USD pair edges up toward 0.6700 as rate bets shift
The AUD/USD pair pushed higher on Friday, almost reaching the level of 0.6700 after bouncing back from earlier experienced losses. Traders got more confident in the pair positive movement after chatter picked up that the Reserve Bank of Australia might hike rates sooner than people thought. That shift in mood brought buyers back in after […]
Australian Dollar Nears 14-Month High on Increased Rate-Hike Talk
On December 29, the Australian dollar rallied, with the AUD/USD pair hitting a 14-month high of 0.6727. What causes the jump? Markets are now betting more than ever that the Reserve Bank of Australia will need to raise interest rates in early 2026. It’s just that Australia’s inflation isn’t coming down, and traders think its […]
Australian Dollar Advances as Markets Weigh RBA and Fed Signals
The Australian Dollar rose on Monday, remaining in positive territory as traders carefully analyzed mixed central bank cues from Asia and the US. The tone was still wary, but not negative. Instead, the market just leaned toward stability to revive the AUD. One early reprieve for the Australian Dollar was from China. The People’s Bank of China […]
AUD/USD Pushes Higher, Holds Steady Near Three-Week Peak
AUD/USD started Tuesday’s Asian session on the front foot, snapping back from Monday’s mild dip and hanging comfortably around the mid-0.6500s. The pair is up just over 0.10% today, building on a recovery that started after last month’s lows. Right now, a stronger Aussie and a weaker US Dollar are both fueling this move. RBA’s […]
Australian Dollar Surges as Inflation Surprises
The Aussie dollar just won’t quit. Friday marked its sixth day in a row climbing against the US dollar, and the reason’s pretty clear—October’s inflation numbers came in hotter than anyone expected. Prices keep rising, now four months straight, and they’ve blown past the Reserve Bank’s 2–3% comfort zone. Traders see this and figure the […]
Australian Dollar Holds Steady as Manufacturing Picks Up in November
The Australian Dollar stopped its slide on Friday, getting a boost from new PMI (Purchasing Managers Index) numbers that point to a stronger economy. After two days in the red, AUD/USD ticked higher when Australia’s preliminary S&P Global Purchasing Managers Index came out. Manufacturing bounced back, moving up to 51.6 this month from 49.7 — […]
Australian Dollar Goes Up as US Dollar Weakens Amidst Positive Trade Data
The Australian Dollar moved up on Thursday, boosted by upbeat trade data and a softer US Dollar. Right now, AUD/USD sits near 0.6500, adding to yesterday’s 0.25% climb. Fresh numbers from the Australian Bureau of Statistics show Australia’s trade surplus shot up in September, reaching 3,938 million. That’s not just above forecasts of 3,850 million—it’s […]
AUD/USD Marches Toward 0.6600 as Presidents Trump and Xi Hold Trade Talk
The Australian dollar rose on Thursday, hitting 0.6590 in Asia market hours. This shift occurred as the optimism bloomed when both American and Chinese leaders, President Trump and Mr. Xi, began discussions. Reports suggest discussions went well, covering topics like trade duties, soybeans, and specialized minerals, alongside TikTok. This good news gave investors confidence, so […]
Australian Dollar Strengthens as Markets Expect Fed Cuts
The Australian Dollar (AUD) gained ground against the US Dollar (USD) on Wednesday, recovering from earlier losses as traders reacted to key comments from both the Reserve Bank of Australia (RBA) and the US Federal Reserve (Fed). The Aussie drew support after RBA Assistant Governor Sarah Hunter noted that recent data has been stronger than […]
Australian Dollar Falls Due to Weak Housing Data and Strong US Dollar
Following weak housing data, the Australian dollar (AUD) continued to decline against the US dollar (USD) on Wednesday, continuing its losses for the second straight session. The AUD/USD pair declined as investor sentiment intensified, with the S&P/ASX 200 index edging down 0.14% to trade below 8,950. It occurred due to declines in technology and gold […]
Australian Dollar Holds Steady as Fed Cuts Loom, RBA Seen on Pause
The Australian Dollar (AUD) edged lower against the US Dollar (USD) on Wednesday after two days of gains, though downside pressure remains limited. Rising expectations of multiple Federal Reserve (Fed) rate cuts could weigh on the greenback and help support AUD/USD. US Data and Fed Outlook US Retail Sales rose 0.6% month-on-month in August, matching […]
AUD/USD climbs toward 0.6550 as US Dollar weakens ahead of key labor data
The AUD/USD pair surged to around 0.6560 in Monday’s European session, supported by broad weakness in the US Dollar (USD). The Greenback continues to lose ground as markets increasingly expect the Federal Reserve (Fed) to cut interest rates at its upcoming policy meeting this month. At the time of writing, the US Dollar Index (DXY) […]
Australian Dollar slips as US Dollar firms on geopolitical optimism
The Australian Dollar (AUD) extends its decline for a second straight session on Tuesday, with AUD/USD trading lower despite an improvement in domestic sentiment data. Westpac Consumer Confidence surged 5.7% in August to 98.5, its highest level since February 2022, after a modest 0.6% rise in July. The lift comes as the Reserve Bank of […]
AUD/USD Holds Steady as Markets Digest RBA Rate Cut and US Inflation Data
The Australian Dollar traded little-changed on Wednesday after gains in the previous session, with AUD/USD consolidating following Australia’s Q2 Wage Price Index release. The currency faced headwinds after the Reserve Bank of Australia (RBA) delivered its third rate cut of 2025, citing easing inflation and a softer labour market. Wage growth rose 0.8% quarter-on-quarter, matching […]
Australian Dollar Extends Losses Amid Cautious Market Tone; Focus Shifts to Key Data and Trade Talks
The Australian Dollar (AUD) continued its downward trend against the US Dollar (USD) on Monday, marking a third straight session of losses. However, AUD/USD saw a brief uptick following the announcement of a new trade agreement between the United States and the European Union (EU). Market participants are closely monitoring the scheduled meeting between US […]
Australian Dollar Weakens Amid Concerns Over Trump’s Trade Policies and Mixed Chinese Data
The Australian Dollar (AUD) ended its three-day winning streak against the US Dollar (USD) on Monday, with the AUD/USD pair trading flat following the release of mixed Chinese Purchasing Managers’ Index (PMI) data. As a close trade partner, Australia’s economy is heavily influenced by China’s economic performance. China’s National Bureau of Statistics (NBS) reported that […]