AUD/USD experiences a decline, settling at approximately 0.6885 during the early hours of Monday’s Asian session. In March, Nonfarm Payrolls saw an increase of 178K, surpassing expectations. Westpac analysts project three more rate increases in 2026 as a measure to address inflationary pressures. The AUD/USD pair continues its downward trend, approaching 0.6885 in the early … Read more
In the early European session on Friday, AUD/USD gains strength around 0.6900. In May, June, and August of 2026, the RBA is predicted by Westpac analysts to raise the cash rate by 25 basis points. Later on Friday, traders prepare for the US employment data for March. During Friday’s early European trading hours, the AUD/USD … Read more
The Australian dollar against the US dollar climbs to 0.6950 after bouncing back from the lows of 0.6833 seen on Tuesday. Trump’s suggestion about resolving the conflict in Iran has boosted market sentiment. In March, the Australian manufacturing sector saw a decline in activity, which was unexpected. The Australian Dollar is showing strong performance against … Read more
The AUD/USD pair exhibited strong performance in Q1, supported by tightening from the Reserve Bank of Australia and an expanding yield advantage relative to the United States. However, the AUD/USD outlook for Q2 is becoming increasingly complex. Geopolitical tensions, elevated oil prices, and shifting expectations for both the Reserve Bank of Australia and the Federal … Read more
The AUD/USD pair maintained its downward trajectory on Thursday as Iran and the United States adopted divergent stances regarding the resolution of the ongoing conflict. The value decreased to 0.6940, a decline from the peak of 0.7180 observed earlier this year. The AUD/USD pair experienced a decline this week following the Iranian government’s dismissal of … Read more
The AUD/JPY pair is currently trading lower, positioned at approximately 110.85 during the early European session on Wednesday. The cross maintains a slightly optimistic outlook in the short term, accompanied by a decrease in bullish RSI momentum. The primary resistance level to monitor is 113.20, while the first support level is identified at 110.00. The … Read more
The currency pair has dropped to around 0.7080 during the Asian session on Friday. In February, Australia’s Unemployment Rate rose to 4.3%, falling short of the market consensus expectations. The PBOC kept the LPR rates steady in March, in line with what was anticipated. The currency pair is currently positioned in negative territory, hovering around … Read more
AUD/USD advances to approximately 0.7115 during the Asian session on Wednesday. The RBA increased the OCR by 25 basis points to 4.10% from 3.85% during its March monetary policy meeting. Markets anticipate that the Fed will maintain the current rates on Wednesday. The AUD/USD pair is experiencing upward momentum, approaching 0.7115 in the Asian trading … Read more
AUD/USD is currently positioned in negative territory, hovering around 0.7060 during Tuesday’s Asian session. The RBA increased its OCR by 25 basis points to 4.10% during the March meeting, aligning with expectations. The Federal Reserve is poised to maintain interest rates at their current levels during the upcoming March meeting on Wednesday. The AUD/USD pair … Read more
The currency pair is experiencing a drop, nearing 0.7060 in the early hours of the European session on Friday. A poll indicated that the central bank is expected to increase the interest rate to 4.10% next week. The positive outlook for the pair remains intact, staying above the important 100-day EMA. The first downside target … Read more
