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AUD/USD: Australian dollar hasn’t been this overbought since January
4th June
  • The AUD/USD pair has been in a strong upward momentum and is approaching 0.7000.
  • The pair has risen because of a weaker US dollar, China recovery, and a less dovish RBA.
  • According to the RSI, the pair has not been this overbought since January this year.

Latest AUD news

16th April
AUD/USD falls after Australia unemployment rate rises in March
14th April
AUD/USD rally stalls as business confidence tumbles to all-time low
10th April
Australian dollar surges on falling coronavirus cases and RBA tapering
1st April
Australia dollar falls after surprising March manufacturing PMI data
19th March
Unemployment rate drops in Australia despite the rising pressure from Coronavirus pandemic
19th March
Australian Reserve Bank cuts cash rate to 0.25% on Thursday
18th March
Coronavirus driven panic buying pushes Australian retail sales 0.4% up in February
6th March
Australian retail sales drop 0.3% in January attributed largely to the raging bushfire
4th March
Australian Bureau Of Statistics reveals a 0.5% economic growth in Q4 amidst the Coronavirus complications
3rd March
Coronavirus fears push Australian central bank to cut rates to a record low of 0.50%
27th February
Australian Bureau of Statistics reveals a 2.8% decline in business investment in the recent quarter
23rd February
ABS reveals a stagnant 0.5% growth in quarterly wages in Australia
20th February
Australia’s unemployment rate climbs to 5.3% in January versus 5.2% expected
11th February
Business conditions remain weak in Australia as confidence posts marginal improvement in January
7th February
Australia’s trade surplus contracts by $295 million in December
7th February
Monthly retail sales in Australia drop to the worst in 2.5 years
4th February
Australia’s Central Bank decides in favor of keeping cash rate unchanged on Tuesday
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