AUD/USD declines even in the face of enhanced Australian preliminary S&P Global PMI data. Australia’s preliminary June Manufacturing PMI increased to 51.2, whereas the Services PMI edged up to 49.9, indicating a trend towards economic stabilisation. The US Dollar maintains its position in the context of a hawkish sentiment regarding the Federal Reserve’s policy outlook. … Read more
AUD/USD has declined to approximately 0.7010 during the Asian session on Friday. US Vice President has cancelled a trip to Switzerland intended for discussions regarding Iran. The Federal Reserve’s hawkish stance maintains its current policy, prompting increased speculation regarding future rate hikes, which in turn bolsters the value of the US Dollar. The AUD/USD pair … Read more
AUD/USD advances to approximately 0.7070 during the early Asian session on Wednesday. The RBA maintained the OCR at 4.35% during the June monetary policy meeting on Tuesday. The Federal Reserve is expected to maintain the current interest rates during its meeting on Wednesday. The AUD/USD pair is experiencing modest gains, hovering around 0.7070 in the … Read more
AUD/USD is showing an upward movement even though market participants are dismissing the possibility of any interest rate changes on Tuesday. The US Dollar has experienced a decline as the prospects of a US-Iran peace deal diminished, leading to a reduction in safe-haven demand. This shift has contributed to easing concerns regarding inflation and the … Read more
AUD/USD has weakened to approximately 0.7030 during the Asian session on Friday. The US PPI inflation recorded its most significant annual increase in three and a half years. The RBA is set to announce its forthcoming interest rate decision next week, with expectations indicating no alteration in the current rate. The AUD/USD pair experiences a … Read more
The Australian dollar experienced a downward gap at the beginning of the trading session on Monday, yet subsequently demonstrated indications of resilience. That being said, later in the day, we have observed a slight increase in interest rates in the United States, which has exerted additional pressure on the Australian dollar. Currently, it appears probable … Read more
AUD/USD has declined to approximately 0.7035 during the early Asian session on Monday. Iran has launched missiles towards Israel for the first time since the ceasefire in April, heightening concerns about a potential escalation in the Middle East conflict. The RBA’s hawkish stance could limit the potential decline of the Australian Dollar. The AUD/USD pair … Read more
AUD/USD moves up to about 0.7135. Australia’s Trade Balance recorded a positive outcome in April. Iranian officials indicated that there was a lack of ‘tangible progress’ in discussions regarding the conflict. The AUD/USD pair strengthens to approximately 0.7135 in the early Asian session on Thursday. The Australian Dollar has experienced a slight appreciation relative to … Read more
AUD/USD softens to near 0.7180. Wednesday’s early Asian session. Australian GDP expanded by 0.3% quarter-on-quarter in the first quarter of 2026, falling short of expectations. US forces have executed strikes following an attack by Iran, according to reports. The AUD/USD pair experiences a decline, reaching approximately 0.7180 in the early Asian session on Wednesday. The … Read more
AUD/USD is trading steadily around 0.7185 during the early hours of the Asian session on Monday. Iranian officials stated that no nuclear commitments were established as discussions with the US progress. China’s RatingDog Manufacturing PMI report is scheduled for release later on Monday. The AUD/USD pair remains stable at approximately 0.7185 in the early hours … Read more
