The Australian Dollar falls amid renewed US tariff concerns. Australia’s ANZ Job Advertisements rose 1.8% in June following a decline of 1.2% in May. US […]
Tag: Dollar
Australian Dollar recovers losses amid signs of US scaling back goals for tariff deals
The Australian Dollar rebounds due to improved market sentiment following news of the US scaling back its goals for tariff deal negotiations. China’s Caixin Manufacturing […]
Dollar Index remains weak as core PCE inflation rises, Personal spending fall
Dollar Index falls after the Fed’s preferred measure of inflation, the core PCE, rises in May. US Dollar continues to weaken, with the DXY nearing […]
USD/CAD breaks 1.3600 as US Dollar weakness returns
The USD/CAD pair has fallen below 1.3600, which is now providing resistance. Israel’s attack on Iran fails to support a broader recovery for the US […]
US dollar and other safe haven currencies rise as Israel strikes Iran
US dollar and other safe haven currencies rise as Israel strikes IranRead More
US Dollar Index Price Forecast: Trades around 99.00 after pulling back from nine-day EMA
The US Dollar may target support at 97.91, the lowest level since March 2022. The bearish bias prevails as the RSI remains below the 50 […]
Australian Dollar rises as China’s Trade Surplus expands in May
The Australian Dollar holds ground following mixed economic data from China released on Monday. China’s Consumer Price Index declined by 0.1% in May, against the […]
US Dollar Index Price Forecast: Treads water above 99.00 near nine-day EMA barrier
The US Dollar may target its initial support at 97.91, the lowest level since March 2022. Technical analysis suggests a prevailing bearish bias as the […]
Australian Dollar remains stronger following Q1 GDP data
The Australian Dollar offered its daily gains as the Greenback edged higher. Australia’s Gross Domestic Product expanded 0.2% QoQ in Q1, against the previous 0.6% […]
Australian Dollar struggles after disappointing economic data release, US PCE index eyed
The Australian Dollar holds losses following the disappointing economic data released on Friday. Australia’s Retail Sales fell 0.1% MoM in April, missing forecasts of a […]