China Shakes Forex Market, Australian Dollar Plummets!
WitriyaniMon, 26 Feb 2024
The Australian Dollar (AUD) halted its rise after consecutive gains since February 14, influenced by the drop in the S&P/ASX 200 on Monday due to tensions between China and Taiwan. Despite this, t
Australian Dollar Struggles as US GDP Takes Center Stage!
WitriyaniThu, 25 Jan 2024
The Australian Dollar (AUD) weakened for the second consecutive day on Thursday after positive S&P PMI data from the US was released on Wednesday, pushing the AUD/USD pair lower. The optimistic da
Australian Dollar in Negative Trend! US-China Data War in Focus
WitriyaniTue, 16 Jan 2024
The Australian Dollar (AUD) continued its decline on Tuesday, starting from January 11. The AUD/USD pair faced downward pressure after January’s Westpac Consumer Confidence data showed a contrac
Australian dollar rises to 0.6770 thanks to China's stimulus supp...
WitriyaniTue, 25 Jul 2023
The Australian dollar against the USD shows attractive buying action after experiencing a decline in the Asia session, approaching the 200-day Simple Moving Average (SMA) which has technical significa
Australia's Currency Stalls Due to China's Inflation Data, Trader...
WitriyaniMon, 10 Jul 2023
Australian currency - At the end of this month, the prospect of further tightening by the Federal Reserve (Fed) continues to support the rise in US Treasury bond yields and helps the US Dollar (USD) a
Australian Dollar Today Surges Above 0.6600 On RBA
WitriyaniFri, 02 Jun 2023
Australian Dollar (AUD/USD) today remains in the driver’s seat as it refreshes weekly tops near 0.6615 ahead of Friday’s European session. Thus, the Aussie pair is cheering the broad US do
AUD/USD Today Drops 0.6645 Due to Mixed Macro Factors
WitriyaniMon, 22 May 2023
The Australian dollar today fell intraday around 0.6645 after reversing early strength in the Asian session due to mixed macro factors and cautious sentiment ahead of this week's important data/events
Australian Rate Today Against US Dollar Drops 0.3%
WitriyaniFri, 19 May 2023
The Australian currency today suffered a second straight weekly loss on Friday as investors changed their expectations for Australian interest rates. Meanwhile, the prospect of a rate hike in New Zeal
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