Australian dollar news

AUD/USD rallied toward 0.66 on Monday but faces strong resistance, with risks of a pullback if price slips below 0.6550.

AUD/USD rose to 0.6600, with bulls eyeing a breakout above 0.6623 that could open the path to 0.6700 ahead of key US inflation data.

Forex markets continue to be very quiet, but the Australian Dollar is showing a little activity so it might be wise to trade here today.

AUD/USD stalled at 0.6550 on Friday as weak US jobs data failed to lift the pair, with global trade risks and soft risk appetite weighing on the Aussie.

The Australian dollar slid sharply Thursday, with 0.6550 capping upside and risks pointing toward 0.64 if the 50-day EMA fails to hold.

Volatility interrupted the downtrend in this currency pair, but a bearish price channel formed again. Will it hold and force more downside?

Despite better-than-expected economic data, the Australian Dollar resumed its downtrend following yesterday’s breakdown. Is it too late to join the sell-off?

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