AUD news

The AUD/USD price surged to the highest level since March 23, helped by the weaker US dollar and higher commodity prices. Forex tradersare now eying the latest Australian jobs data scheduled for Thursday. AUD/USD price action Higher commodity prices Australia is highly endowed with vast natural resources like…

The AUD/USD price declined slightly after the latest Reserve Bank of Australia (RBA) interest rate decision. The Aussie dropped from 0.7660 to 0.7616. AUD/USD price action RBA interest rate decision The Australian Central Bank concluded its two-day meeting today and did what most analysts were expecting. It left…

The AUD/USD price has rebounded as the market reflects on the ongoing recovery of the global economy. It has risen to0.7630, which is 1.30% above the lowest level this week. AUD/USD price action Global recovery The Australian dollar has bounced back as investors reflect on the manufacturing PMI numbers…

The AUD/USD price retreated on Tuesday after the latest Reserve Bank of Australia (RBA) minutes and the strong house price index (HPI). The price also declined as US and Australian bond yields fell.  RBA minutes The RBA delivered its minutes for the meeting held two weeks ago. In…

The AUD/USD is wavering ahead of the latest Australian retail sales and trade data. The Aussie is trading at 0.7810, which is slightly below the intraday high of 0.7838. AUD/USD price action Australia retail sales data ahead The Australian Bureau of Statistics (ABS) will publish the latest retail sales and…

The AUD/USD price is bouncing back ahead of the second Reserve Bank of Australia (RBA) interest rate decision. The pair is trading at 0.7725, which is above the intraday low of 0.7690. AUD/USD price action RBA decision ahead The RBA will deliver its second interest rate decision of the…

The AUD/USD made a bullish breakout today, helped by an overall weak US dollar and positive flash economic data from Australia. The pair rose to a near three-year high of 0.7835. AUD/USD price action Weak US dollar The AUD/USD rose in part because of the weak greenback. The dollar…

The AUD/USD price contracted today as forex investors digested the latest interest rate decision by the Reserve Bank of Australia (RBA). Similarly, the GBP/AUD and EUR/AUD rose after the decision. AUD/USD price action RBA interest rate decision The RBA concluded its interest rate decision today and left its…

The AUD/USD is down for the second consecutive day ahead of the first Reserve Bank of Australia (RBA) interest rate decision set for tomorrow. It is trading at 0.7623, which is 2.5% below the year-to-date high of 0.7812. Australian dollar ahead of RBA decision RBA interest rate preview The…

The AUD/USD is trading near its three-year high helped by the resurgent Chinese economy and higher commodity prices. It is trading at 0.7767, which is 42% above last year’s low of 0.5500. AUD/USD chart Strong China economy  The Chinese economy is firing on all cylinders as evidenced by the…

The AUD/USD pair rose to the highest level since March 2018 as investors focused on the outcome of the Georgia run-off election and the Australian services PMI data. It is trading at 0.7800, which is 42% higher than its lowest level last year. AUD/USD rallies Georgia Senate election Georgian…

The AUD/USD had a strong performance in 2020. The pair, which is often seen a proxy for China and global commodities, soared by more than 9.65%, becoming one of the best-performing pairs in the world. It also rose by more than 40% from its 2020 low of 0.5510. AUD/USD…

The AUD/USD is down by 0.35% as the risk-on sentiment spreads across the market. By declining, the Australian dollar ignored the strong Australian retail sales numbers from the country. AUD/USD reacts to the risk-on sentiment Australia retail sales rebound The retail sector is one of the essential industries in…

The AUD/USD is close to a major bullish breakout after strong economic data from Australia and China. The pair is trading at 0.7414, which is the highest it has been since September 1. AUD/USD rally gains momentum Australia trade surplus rises The Australian economy is firing on all cylinders,…

The AUD/USD price is up by more than 0.15% as a weaker US dollar converge with strong economic data from Australia. It is trading at 0.7382, which is a few pips higher than yesterday’s low of 0.7342. AUD/USD has been in an uptrend US dollar slumps The US dollar…

The Australian dollar (AUD/USD) rose in early trading after the Reserve Bank of Australia (RBA) delivered its final interest rate decision. The par also reacted to the impressive manufacturing PMI data from China, Australia’s biggest market. AUD/USD rises after RBA decision RBA leaves interest rates intact The Australian economy…

The Aussie (AUD/USD) declined slightly after the Australian Bureau of Statistics (ABS) released the October employment numbers. The pair is trading at 0.7293, which is 0.65% lower than this month’s high of 0.7338. AUD/USD under pressure Australia’s unemployment rate rises According to ABS, the country’s unemployment rate increased…

The Australian dollar (AUD/USD) is down by 0.30% as traders react to the latest interest rate decision by the Reserve Bank of Australia (RBA). It is trading at 0.7040, which is slightly below the intraday high of 0.7062. AUD/USD drops after RBA rate cut Australia slashes interest rates…

The AUD/USD price is down by 0.20% today as traders react to the strong economic data from Australia and the upcoming US general election. It is also waiting for tomorrow’s Reserve Bank of Australia (RBA) interest rate decision. The pair is trading at 0.7015, which is the lowest it…

The Australian dollar (AUD/USD) is up by 0.10% as traders react to the relatively strong Australian inflation data. It is trading at 0.7136, which is in the same range it has been recently. AUD/USD rises after strong inflation Australia returns to inflation This year, Australia suffered its first recession…

The AUD/USD is little changed as investors digest the latest upbeat economic Chinese economic data. The pair is trading at 0.7090, which is slightly higher than Friday’s low of 0.7060. AUD/USD reacts to China GDP data China recovery gains pace China, the source of the Covid-19 pandemic, has recovered…

The Australian dollar (AUD/USD) is down by 0.45% as the market reacts to the rising unemployment rate and a statement by Governor Philip Lowe. The pair is trading at 0.7132, which is the lowest it has been since Thursday last week. AUD/USD falls as Australia unemployment rate rises Australia…