2 months AUD/USD declines to near 0.6330 despite US Dollar trades subduedly FXStreet
The AUD/USD pair falls to near 0.6330 in late European trading hours on Tuesday.
The AUD/USD pair falls to near 0.6330 in late European trading hours on Tuesday.
There has been a slight increase in downward momentum; Australian Dollars (AUD) is expected to edge lower but is unlikely to reach 0.6315 vs the US Dollar (USD).
AUD/USD managed to regain some upside traction and reverse Friday’s strong decline, revisiting the vicinity of the 0.6400 mark but then buyers quickly rejected it.
The AUD/USD pair pares gains after rising to near 0.6400 in late European trading hours on Monday.
Australian Dollar (AUD) is expected to trade in 0.6355/0.6400 range. In the longer run, AUD could advance further, potentially reaching 0.6455, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
The AUD/USD pair edges higher to near 0.6370 during the early Asian session on Monday.
The AUD/USD pair faces offers pressure near 0.6400 after the release of the United States (US) S&P Global PMI data for February.
The AUD/USD pair faces selling pressure around 0.6400 in North American trading hours on Friday.
Room for Australian Dollar (AUD) to advance to 0.6425 vs US Dollar (USD) before levelling off; 0.6455 is likely out of reach for now.
The AUD/USD pair posts a fresh two-month high near 0.6380 in Thursday’s European session.
The AUD/USD pair extends its decline to around 0.6340 during the early Asian session on Thursday.
Australian Dollar (AUD) continued to trade near recent highs post-RBA cut yesterday.
Australian Dollar (AUD) is likely to trade in a range between 0.6330 and 0.6365.
The AUD/USD pair regains positive traction following the previous day’s modest downtick and sticks to its positive bias through the first half of the European session amid a modest US Dollar (USD) downtick.
The AUD/USD pair halted its three-day recovery on the back of the firmer US Dollar (USD) and despite the Reserve Bank of Australia’s (RBA) hawkish cut although it managed to keep the trade above the 0.6300 barrier.
The AUD/USD pair is down a little over 0.1% below 0.6350 in Tuesday’s North American session.
Australian Dollar (AUD) is expected to trade in a 0.6335/0.6370 range vs the US Dollar (USD).
The AUD/USD pair posts a fresh two-month high at 0.6373 in Monday’s session.
Australian Dollar (AUD) is unlikely to rise much further; it is expected to trade in a 0.6325/0.6375 range.
The AUD/USD pair posts a fresh two-month low at 0.6373 in Monday’s European session.
The AUD/USD pair weakens to near 0.6345 during the early Asian session on Monday.
The Australian Dollar (AUD/USD) strengthens for the second consecutive day on Friday, supported by US President Donald Trump’s decision to delay implementing reciprocal tariffs.
AUD/USD recently carved out a trough near the lower band of a multi-month channel at 0.6080 and has evolved within a base, Societe Generale’s FX analysts report.
The Australian Dollar (AUD) extends its sideways consolidation as AUD/USD softens to around 0.6260 in Wednesday’s session, falling 0.30% on the day.
The US Dollar caught a fresh wave of buying on Wednesday, vaulting the US Dollar Index (DXY) to weekly highs above 108.00.
The AUD/USD pair faces sharp selling pressure after failing to break above the key resistance level of 0.6300 in Wednesday’s European session.
Chance for Australian Dollar (AUD) to rise above 0.6310; it remains to be seen if it can maintain a foothold above this level.
AUD/USD is consolidating near the top-end of its year-to-date 0.6100-0.6330 range, BBH’s FX analysts note.
The AUD/USD pair extends its sideways consolidative price move for the fifth straight day and remains below the 0.6300 mark through the first half of the European session on Tuesday.
Australian Dollar (AUD) is expected to trade with a downward bias; mild momentum suggests any decline is limited to a test of 0.6230.
The AUD/USD bounces back strongly to near 0.6280 and turns positive after a weak opening near 0.6235 in Monday’s European session.
Slight increase in momentum suggests downward bias in Australian Dollar (AUD), but it is not expected to breach 0.6200. In the longer run, if AUD closes above 0.6310, it could trigger an advance to 0.6355, UOB Group’s FX analysts Quek Ser Leang and Pet…
The AUD/USD pair attracts some sellers to near 0.6245 during the early Asian session on Monday.
The AUD/USD pair ticks higher in Friday’s European session but continues to face pressure near 0.6300.
AUD is facing mild upward pressure; it could test 0.6310, but a sustained break above this level is unlikely. If AUD closes above 0.6310, it could trigger an advance to 0.6355, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
While conditions remain overbought, AUD could edge higher and test 0.6310. A sustained rise above this level is unlikely. In the longer run, If AUD closes above 0.6310, it could trigger an advance to 0.6355, UOB Group’s FX analysts Quek Ser Leang and P…
The AUD/USD pair weakens to near 0.6260 on Thursday during the European trading hours, pressured by rising fears over US-China trade war tensions and lower-than-expected Australian Trade Balance data.
The Australian Dollar (AUD/USD) edges toward 0.6300, buoyed by mixed United States data that softened the Greenback and lifted broader risk assets.
The AUD/USD pair surges to near the key level of 0.6300 in Wednesday’s European session.
Australian Dollar (AUD) could break above 0.6265; any further advance is unlikely to reach the major resistance at 0.6310.
On Tuesday, the AUD/USD rose to 0.6255 as the pair extended Monday’s comeback.
The AUD/USD pair rebounds sharply above the round-level figure of 0.6200 in Tuesday’s North American session.
AUD could rise, but any advance is likely part of a higher 0.6155/0.6265 range. In the longer run, downward momentum has largely faded; AUD is expected to trade in a range between 0.6080 and 0.6310, UOB Group’s FX analysts Quek Ser Leang and Peter Chia…
The AUD/USD pair recovers slightly after plummeting to a fresh four-year low near 0.6100 but is still more than 1.10% down in Monday’s European session.
Chance for Australian Dollar (AUD) to drop further; given the deeply oversold conditions, a sustained decline below 0.6080 appears unlikely today.
The AUD/USD pair attracts some sellers to near 0.6155 during the early Asian session on Monday.
The AUD/USD pair trades slightly higher at 0.6215 in the Asian session on Friday but remains under pressure due to fresh tariff threats from US President Trump.
The AUD/USD pair surrenders a majority of intraday gains after facing selling pressure above 0.6230 in Friday’s European session but is still almost 0.2% higher at the press time.
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