Australian Dollar Takes a Tumble as Jobs Report Disappoints
The Australian dollar experienced a bit of a stumble as the latest jobs report fell short of expectations, resulting in an uptick in the…
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AUD
AUD/USD Retests 0.6700 Level Following Marginally Better Retail Sales
The AUD/USD pair caught a fresh bid in the Asian session today, retesting the highly coveted 0.6700 level. And today, the Aussie dollar gained…
AUDUSD Price May Decrease Further to $0.62 Level Provided Sellers Gain More Momentum
Sellers’ momentum may increase AUDUSD Price Analysis – 08 March AUDUSD may drop below the $0.65, $0.63, and $0.62 support levels if sellers are…
AUDUSD Price Is Pulling Back Towards $0.70 Resistance Level
Buyers’ momentum is increasing AUDUSD Price Analysis – 09 February AUDUSD may fall to the $0.68, $0.66, and $0.65 support levels if sellers…
AUDUSD Price May Break Up $0.71 Level to Expose $0.72 Level
Buyers’ momentum is increasing AUDUSD Price Analysis – 01 February The resistance level of $0.71 may be broken higher when buyers gain more traction,…
Australian Dollar Moves Ahead of the US Dollar as USD Buckles
Last week, the Australian Dollar (AUD) surged higher as the US dollar buckled beneath the weight of the market’s expectations for a less aggressive…
Australian Dollar Shines as China Ends Zero-Covid Policy
Tuesday’s holiday-weakened trading saw the Australian dollar (AUD) rise to about $0.675; China’s announcement that it will abolish quarantine rules for incoming tourists beginning…
Australian Dollar Weaker Ahead of the New Week Amid a Sharp Dollar Resurgence
Last week, the Australian Dollar (AUD) suffered as a result of the US Dollar’s (USD) spectacular surge in response to growing recessionary concerns. Last…
Central Bank Meetings in Focus This Week as Dollar Strengthens
Ahead of an important week of central bank meetings and data, the euro (EUR) grew weaker on Monday as the US dollar (USD) saw…