AUD/USD is showing upward momentum, reaching approximately 0.7160 during the early hours of Wednesday’s Asian session. Trump announced that the United States is prolonging the ceasefire with Iran following a request from Pakistan. Anticipations are building that the RBA will implement an additional rate hike in response to escalating fuel prices and inflationary pressures. The … Read more
AUD/USD declines to approximately 0.7140 during the early Asian session on Monday. Iran has refuted claims regarding forthcoming discussions with the United States. The hawkish position of the RBA may limit the potential decline for the Australian dollar. The AUD/USD pair sees a wave of selling pressure approaching 0.7140 in the early hours of the … 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
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 AUD/USD pair experienced a modest decline during Friday’s session, as market participants continued to price in the possibility of a Reserve Bank of Australia rate hike in the near term, while the Federal Reserve is still expected to deliver up to two rate cuts later this year. The Australian dollar showed mild weakness against … Read more
The AUD/USD pair maintained its upward momentum, achieving its peak levels since October 2024 following the release of the Reserve Bank of Australia’s minutes from the latest monetary policy meeting. The value increased to a peak of 0.6700, significantly surpassing the November low of 0.6420. The AUD/USD exchange rate remained stable as the RBA minutes … Read more