Aussie

1 August 2024
Aussie and Kiwi hold steady as bond rally fuels rate cut hopes

The Australian dollar (AUDUSD) held at $0.6540, recovering from a three-month low of $0.6480 overnight. Support lies around $0.6466, with resistance at $0.6580.

31 July 2024
Australian dollar drops to 3-month low as market anticipates rate cuts

The Australian dollar fell to a three-month low on Wednesday following a softer reading on core inflation. This change in data dampened expectations for further rate hikes and caused a surge in bond futures.

23 July 2024
Aussie and kiwi dollars struggle on China rate cuts; dollar drifts

The Australian and New Zealand dollars struggled near multi-week lows on Tuesday following China’s decision to cut several key interest rates. In contrast, the US dollar showed little change as it awaited new economic cues.

18 July 2024
AUD directionless after mixed jobs report & rate hike uncertainty

AUD remains steady as mixed employment data clouds the outlook for a rate hike. Read how external factors and central bank actions influence trading opportunities.

16 July 2024
Australian and NZ dollars rise against the yen but fall against the dollar

Key points The Australian dollar strengthened 0.2% to 106.98 yen, rebounding for the first time in four sessions. The New Zealand dollar also rose 0.2% to 96.11 yen after four sessions of declines. The Australian dollar climbed 0.2% to 106.98 …

11 July 2024
Aussie strengthens against the Kiwi and Yen amidst diverging rate outlooks

The Australian dollar (AUDUSD) stood strong at NZ$1.1080, close to a 20-month high of $1.1017 reached on Wednesday. This strength followed the Reserve Bank of New Zealand’s (RBNZ) unexpected signal of potential rate cuts.

8 July 2024
Aussie approaches six-month high despite diverging rate expectations

The Australian dollar (AUD) is nearing a six-month high due to yield differentials and prospects of a Federal Reserve rate cut. The New Zealand dollar (NZD) faces an important central bank policy meeting.

4 July 2024
Asian stocks reach 27-month high, dollar falls on rate cut speculation

Key points Nikkei firms toward March top, S&P 500 futures steady. Markets, sterling calm as the UK heads to polls. Odds narrow on a September Fed cut after soft data. Asia stocks soared to a 27-month high on Thursday, driven …

21 June 2024
Aussie surges as interest rate outlooks diverge

Key points: The Australian dollar hits a 17-year high against the yen and a one-year top on the euro. The Reserve Bank of Australia (RBA) holds rates steady at 4.35% while warning of potential inflation risks. The Australian dollar experienced …

20 June 2024
Sterling holds steady ahead of BoE decision; Dollar falters against yen

Key points: Sterling last bought $1.2719 Dollar slipped 0.05% against the yen to 157.99 Euro rose 0.03% to $1.0747 The British pound held broadly steady on Thursday as the market awaited the Bank of England’s (BoE) rate decision. The dollar, …

Back To Top
Chatbots