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The Australian Dollar (AUD) halted its recent upward momentum as mixed employment data was released on Thursday. Australia’s 10-year government bond yield also retreated to around 4.2% following the Wage…
On Thursday, UBS provided insights into Australian Federal Treasurer Jim Chalmers’ third budget announcement, which revealed a second consecutive surplus of AUD 9.3 billion. Despite this positive outcome, UBS highlighted…
In Asia on Thursday, the AUD/JPY ended its three-day winning streak and was trading around 103.00. AUD/JPY crosses lower amid mixed employment data from Australia on Thursday. Seasonally adjusted employment…
AUD/USD surged more than 1% on Wednesday after data showed consumer inflation slowed in April, with the underlying consumer price index (CPI) falling for the first time in six months.…
During the European session on Wednesday, AUD/JPY continued its upward trend, hovering around 103.70, supported by a boost in risk appetite. The Australian Budget for 2024-25 has returned to a…
The Australian Dollar (AUD) maintains stability with a positive sentiment, undeterred by the lower-than-expected Wage Price Index (Q1) released by the Australian Bureau of Statistics on Wednesday, which serves as…
AUD/USD closed higher on Tuesday, even as higher U.S. inflation spurred hawkish comments from Federal Reserve Chairman Jerome Powell. After the Asian market opened on Wednesday, AUD/USD was trading at…
The Australian dollar’s losses widened on Monday, possibly due to the Reserve Bank of Australia’s less hawkish stance following Tuesday’s decision to keep interest rates unchanged at 4.35%. There is…
The Australian dollar’s losses widened on Monday, possibly due to the Reserve Bank of Australia’s less hawkish stance following Tuesday’s decision to keep interest rates unchanged at 4.35%. There is…
In early Asian trading on Monday, the Australian dollar/US dollar rose slightly to around 0.6605. Investors are awaiting key U.S. economic data this week, including consumer price index (CPI), producer…
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