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AUD/USD

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27 December 2024

AUDUSD Under Pressure: Technical Weakness and Economic Challenges Shape 2025 Outlook

The AUDUSD continues to face downward pressure, driven by strong technical signals pointing to sustained bearish momentum.

27 September 2024

AUDUSD Rallies on Diverging Policies and China's Stimulus Boost

The AUDUSD has shown strong bullish momentum since August 5, driven by a "Golden Cross" and positive technical indicators. The Reserve Bank of Australia's (RBA) decision ...

Forex Trading Beginner
12 July 2024

What are the nicknames for Currency Trading Pairs: Ninja, Cable, Loonie and more? 

Representative and memorable nicknames have been a part of trading culture for years. Nowadays, it’s common to hear slang names such as the ‘Cable,’ ‘Chunnel,’ or ‘Swissy...

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FXGT
11 July 2024

AUD Holds Steady Amid Weaker Consumer Confidence and Strong Business Sentiment

The Australian Dollar remained rangebound around $0.674 as investors assessed the outlook for Reserve Bank of Australia (RBA) monetary policy amid a mix of economic repor...

3 July 2024

Sales Push Australian Dollar Up RBA Minutes Raise Rate Hike Expectations

The Australian dollar edged up against the U.S. dollar on Wednesday morning, driven by unexpectedly strong domestic retail spending data.

26 June 2024

Australian CPI Surge Sparks Rate Hike Speculation

This morning, the AUD/USD surged higher after Australia reported unexpectedly high CPI numbers.

5 June 2024

Australian Dollar Overcomes Weak GDP, Boosted by Strong China Data

The Australian dollar held steady, hovering around $0.665, as domestic economic data proved less disappointing than markets feared. Despite weaker-than-expected GDP growt...

29 May 2024

AUD/USD Holds Steady as Inflation Hits Highest Rate Since November

Despite weaker-than-expected retail sales on Tuesday and a higher-than-anticipated inflation report today, the Australian dollar remained largely unchanged since Monday. ...

27 May 2024

AUD/USD Maintains Strength Above $0.66 Ahead of Upcoming Retail Sales and Inflation Data

The Australian dollar held steady above $0.66 amid low liquidity due to the U.S. holiday, as investors await key domestic retail sales and inflation data later this week....

8 April 2024

AUD Faces Pressure from Mixed Domestic Economic Reports

US Labor Market: The Australian dollar feels the pressure at $0.6580, weighed down by the strong US employment data, with 303,000 new jobs reported in March

22 March 2024

AUD under pressure by Strong US Data and Chinese Yuan Weakness

The Australian dollar dropped to $0.6510, influenced by a significant decline in the Chinese yuan amid expectations of policy easing in China.

14 March 2024

US Dollar strengthens following the release of PPI data & Retail Sales.

USD Responds Positively Post-Data Release: The US Dollar found strength and traded positively after the release of US Retail Sales for February and Producer Price data, w...

Forex Trading Beginner
4 March 2024

Unlocking Forex Success: What are the Most Popular Currency Pairs? 

Currency pairs play a pivotal role in the world of forex trading, dictating the dynamics of global financial markets.

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