Australian dollar news

The AUD/USD strong comeback was halted last week by the mixed US non-farm payrolls (NFP) data.

The Australian dollar has recouped some losses against some of its peers as the Reserve Bank of Australia interest rate pause doubts grow following the hike in the minimum wage. What is the outlook for AUD/USD, AUD/NZD, and EUR/AUD?

The Japanese yen’s slide appears to be losing steam as US Federal Reserve rate hike expectations take a ‘U’-turn after dovish remarks from central bank officials. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

After some key activity data and the passage of the debt ceiling bill last week, markets could be in for a relatively quieter week on the data front. With the US Federal Reserve expected to pause hiking rates, inflation moderating in recent months, and US economic growth showing signs of resilience, optimism has been running high in equities.

Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of June 4th, 2022 here.

The AUD/USD experienced a slight rally during Thursday's session as it attempted to recover from recent losses.

AUD/USD remains hesitant as US factors and local Australian influences battle for supremacy.

The AUD/USD began the Wednesday session with a rally, but soon experienced a downturn, falling below the crucial 0.65 level.

The Aussie tilted upwards slightly as odds of another rate hike in Australia rose.

Annualized inflation in Australia increased to 6.8% in the year to April, a 0.5% rise from 6.3% that was found in March, the latest figures released by the Australia Bureau of Statistics (ABS) confirmed.

GBP loses ground against the Greenback but remains firm against the Euro and Aussie Dollar. Where to next for GBP pairs?

Possibly finding support at $0.6486.

Asian indices have fallen sharply after China’s manufacturing activity contracted faster than expected in May – another sign that China’s post-Covid recovery is losing momentum. What is the outlook for the Hang Seng, ASX 200, and the FTSE Straits Times Index?

Australia CPI Rises to 6.8%; Chinese Stocks Drag Down Equities; US Debt Deal Passes Congressional Committee; US Dollar Remains Strong; Preliminary German CPI Awaits.

The Australian dollar initially experienced a decline in Tuesday's trading session but later demonstrated resilience and fought back.

The Australian Dollar slipped after China’s primary manager’s index (PMI) data missed estimates, adding to concerns about the global growth outlook. If the slowdown continues, will it sink AUD?

The Australian dollar drifted upwards as investors bought the dip.

The euro is beginning to look a bit oversold at least against the US dollar ahead of key Euro area inflation data, opening the door for a minor rebound. What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?

The AUD/USD strengthened during Monday's trading session, benefiting from the Memorial Day holiday observed in the United States.