AUD/USD remains range-bound above 0.6200 on Thursday as markets assess the United States (US) fourth-quarter GDP release, which could shape the Federal Reserve’s (Fed) rate outlook.
The AUD/USD pair stands neutral around 0.6235 on Thursday, struggling to gain traction ahead of the US Q4 GDP data release.
The AUD/USD pair trades in a tight range around 0.6220 in Thursday’s European session.
The AUD/USD pair extended its decline on Wednesday, falling to 0.6220 following the Federal Reserve’s policy decision.
The AUD/USD dropped by 0.57% to 0.6225 on Wednesday, struggling near weekly lows below 0.6250.
The AUD/USD pair falls sharply to near 0.6220 in Wednesday’s European session.
Australia’s Q4 CPI was soft and all but locks-in an RBA rate cut at the next meeting February 18, BBH FX strategists report.
AUD/USD briefly challenged lows of 2022 near 0.6170/0.6130 but has quickly rebounded, Societe Générale’s FX analysts report.
Australian Treasurer Jim Chalmers said on Wednesday, “the worst of the inflation challenge is well and truly behind us.” He noted further that “the soft landing we have been planning and preparing for is looking more and more likely.” Market reaction A…
AUD/USD extends its losing streak near 0.6250 as US President Trump’s proposed incremental tariffs on Colombia heighten trade war anxieties.
The AUD/USD pair plunges below 0.6250 on Tuesday. The Aussie pair weakens as the US Dollar (USD) performs strongly in a highly risk-off market environment.
AUD/USD declined at the start of the week towards 0.6270 as US Dollar (USD) gains evaporated following signs that United States (US) friction with Colombia could be cooling.
The AUD/USD pair recovers some intraday losses after sliding to near 0.6270 in Monday’s European session, but is still down almost 0.2%.
The Australian Dollar (AUD) ends its three-day winning streak against the US Dollar (USD), with the AUD/USD pair trading subdued following the release of mixed Chinese Purchasing Managers’ Index (PMI) data on Monday.
The AUD/USD pair weakens to near 0.6300, snapping the three-day winning streak during the early Asian session on Monday.
AUD/USD attracted buyers on Friday after President Trump suggested a trade agreement with China remains within reach, reinforcing a risk-on mood.
The AUD/USD pair breakout of a two-day-old consolidative trading range and climbs to over a one-month top, around the 0.6330 area on the last day of the week.
AUD/USD added to Wednesday’s mild rise and advanced toward the 0.6300 region, drawing support from a subdued US Dollar and an upswing in riskier assets.
The AUD/USD pair trades in a narrow range below the immediate resistance of 0.6300 in Thursday’s North American session.
Further sideways trading appears likely, probably in a 0.6240/0.6295 range. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang and Lee Sue A…
AUD/USD rises to a new monthly high just below 0.6300, helped by signs that United States (US) tariffs on China may not be as harsh as initially feared.
The AUD/USD pair revisits the monthly high around 0.6300 in Wednesday’s North American session.
Australian Dollar (AUD) is likely to trade in a sideways range between 0.6220 and 0.6290. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang…
The AUD/USD pair falls sharply to near 0.6220 in Tuesday’s North American session after a couple of failed attempts to revisit the key resistance of 0.6300.
Australian Dollar (AUD) could break above 0.6305; the next major resistance at 0.6350 is likely out of reach for now.
The marked sell-off in the US Dollar on Monday paved the way for the AUD/USD to gain notable momentum, allowing it to reach multi-day peaks just below the 0.6300 threshold at the start of the week.
The AUD/USD pair soars to near 0.6260 in Monday’s North American session.
Australian Dollar (AUD) is expected to trade in a 0.6165/0.6220 range. In the longer run, for the time being, AUD is likely to trade in a 0.6140/0.6245 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
The AUD/USD pair weakens to around 0.6190, snapping the two-day losing streak during the early Asian session on Monday.
AUD/USD returns to negative territory near 0.6200 on Friday, failing to preserve the momentum sparked by China’s stronger-than-expected economic indicators.
The AUD/USD pair falls sharply to near 0.6180 in Friday’s North American session.
Price movements are likely part of a range trading phase, expected to be between 0.6185 and 0.6230. In the longer run, upward momentum is building, but AUD must close above 0.6245 before a move to 0.6300 can be expected, UOB Group’s FX analysts Quek S…
AUD/USD faced rejection near 0.6250 and fell to 0.6230 in Thursday trading, paring initial gains spurred by Australia’s mixed labor report.
The AUD/USD pair declines after failing to extend a three-day winning streak above the key resistance of 0.6245 in Thursday’s European session.
Australian Dollar (AUD) seems to have enough momentum to retest the 0.6245 level; the chance of a sustained rise above this level is not high.
Slight increase in upward momentum is likely to lead to a higher trading range of 0.6170/0.6215. Australian Dollar (AUD) is expected to trade in a range, probably between 0.6130 and 0.6240, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Australian Dollar’s (AUD) decline slowed this week as USD bulls took a breather, while on tariff aspect, there was report that the Trump team is considering more gradual pace of increases. AUD was last at 0.6190 levels, OCBC’s FX analyst Christopher Wo…
The AUD/USD pair moves higher to near 0.6150 in Monday’s North American session.
The AUD/USD pair remains on the defensive around 0.6145 during the early Asian session on Monday.
The AUD/USD pair extends its sideways consolidative price move through the first half of the European session on Friday and remains close to its lowest level since October 2022 touched the previous day.
The Australian Dollar (AUD) extends its losses for the fourth consecutive day against the US Dollar (USD), with the AUD/USD pair hovering near two-year lows on Friday.
AUD/USD slumps to near 0.6170 as the US Dollar performs strongly on a stubborn US inflation outlook on Thursday.
The AUD/USD pair posts a fresh two-year low near 0.6170 in Thursday’s European session.
Provided that Australian Dollar (AUD) remains below 0.6245, it could test the major support of 0.6180 before a rebound is likely. In the longer run, AUD must break and remain below 0.6180 before further weakness can be expected, UOB Group’s FX analysts…
The Australian Dollar (AUD) extends its losses for the third consecutive day against the US Dollar (USD), with the AUD/USD pair hovering near two-year lows following domestic economic data, along with China’s CPI inflation report released on Thursday.
The Australian dollar posted losses of over 0.40% against the US Dollar, and the latter remains supported by US President-elect Donald Trump’s tariff threats.
Slight increase in downward momentum is likely to result in a lower trading range of 0.6215/0.6265. In the longer run, for the time being, AUD is expected to trade between 0.6180 and 0.6310, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
The Australian Dollar (AUD) faced challenges for the second consecutive session against the US Dollar (USD), with the AUD/USD pair holding losses despite stronger-than-expected monthly inflation data released on Wednesday.
The AUD/USD pair regains positive traction following the previous day’s pullback from the 0.6300 mark, or over a two-week top and builds on its steady intraday ascent through the first half of the European session on Tuesday.
Outlook is mixed; the Australian Dollar (AUD) could trade sideways between 0.6210 and 0.6280. In the longer run, for the time being, AUD is expected to trade between 0.6180 and 0.6310, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
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