AUD/USD moved higher today following the release of Purchasing Managers' Index (PMI) data from Australia, which offered a mixed bag of signals.
The AUD/USD currency pair has captured significant attention among forex traders during recent global economic shifts. The exchange rate between the Australian Dollar (AUD) and the U.S. Dollar (USD) ...
It forecasts that AUD/USD will strengthen to 0.68 during the fourth quarter. The Reserve Bank of Australia (RBA) held ...
Eying A Potential Rebound. Bullish view <li /> Buy the AUD/USD pair and set a take-profit at 0.6705. <li /> Add a stop-loss ...
The RBA’s decision to hold the cash rate at 3.65% came as no surprise, though the tone was a touch more hawkish than some expected. The opening paragraph of the statement acknowledged that early reads ...
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Bearish view <li /> Sell the AUD/USD pair and set a take-profit at 0.6500. <li /> Add a stop-loss at 0.6700. <li /> Timeline ...
The AUD/USD forecast shows a rebound in the Australian dollar after RBA governor Bullock said the economy was in a good place ...
The Reserve Bank of Australia (RBA) and the Federal Reserve (Fed) will play pivotal roles. Australia’s economy, heavily reliant on commodities, will be impacted by global demand for its key exports.
At the time of writing, AUD/USD is trading near 0.6536, down 0.70% on the day. Meanwhile, the US Dollar Index (DXY), which ...
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