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In early Asian trading on Thursday, the AUD/USD currency pair continued its range-bound trend near the 0.6700 mark. Investors await Thursday’s Australian trade balance, followed by U.S. inflation data, as…
In defiance of weaker-than-expected Australian consumer inflation data on Wednesday, the Australian dollar (AUD) managed to recover recent losses, showcasing resilience amid shifting market dynamics. However, AUD/USD experienced a decline…
Asian currencies largely adhered to a narrow trading range on Tuesday, experiencing some respite as the dollar encountered profit-taking ahead of crucial inflation data that is poised to offer insights…
In recent trading, the Australian dollar (AUD) retraced its intraday gains, countering the greenback’s endeavor to recover losses on Tuesday. However, the AUD/USD pair appears resilient, benefiting from an improved…
During early Asian trading on Monday, the AUD/USD remained weak and was above the 0.6700 mark. The U.S. dollar’s rebound from its late-December lows pushed AUD/USD lower. Investors are awaiting…
AUD/JPY closed last week up nearly 1.20%, but there is still a chance it could move back inside the Ichimoku Cloud (Kumo), which could pave the way for a pullback.…
The Australian dollar (AUD) continued its sixth consecutive session of decline on Friday, facing downward pressure even as the U.S. Dollar Index (DXY) remained stable. China’s Caixin Services PMI improvement…
China’s Caixin Services Purchasing Managers’ Index (PMI) for December was better than expected, and improved risk sentiment triggered a brief rebound in AUD/USD. AUD/USD continued to fall back on Thursday,…
The Australian dollar (AUD) managed to break its recent losing streak on Thursday, finding support against the US dollar (USD). The pressure on AUD/USD has been driven by risk aversion…
AUD/NZD saw mixed action on Wednesday, falling from recent highs just below 1.0830 to recent lows around 1.0770, before briefly testing 1.0760 early Thursday morning. AUD/NZD pulled back sharply from…
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