26.09.2022
Chicago 12, Melborne City, USA
Business

The Easing of Dollar Index Causes AUD / USD Price to Rise to 0.7120, Focus Shifts to FOMC Minutes

AUD / USD is moving powerfully towards the weekly price level of 0.7127. This is because of the correction of risk-on stimuli, and the USD is losing its hold once more. AUD / USD regained all its in-day losses, and its expected to record more gains in today’s trading sessions. The strengthening of the Australian […]

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Business

AUD / USD Perceives Soft Landing at 0.6990 Price Level, Investors Anticipate Australian Employment Statistics

AUD / USD had a price rebound very early into the Asian trading period, as the risk-taking sentiment drive weakens. The major is anticipating a price directional change from its important support of the 0.6690 level. This is because the economic calendar has very few economic activities as it concerns the AUD / USD. As […]

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Politics

AUD / USD: Aussie Posts New Multi-Month Low on Dominating Risk-off Mode:

Risk aversion on growing concerns about inflation and slowdown of global growth continues to drive the Aussie dollar lower, after recovery attempts on Wednesday were strongly rejected above 0.70 level, now reverted to strong resistance. Fresh weakness hit the lowest since June 2020 on Thursday, pressuring the top of monthly Ichimoku cloud (0.6822) which could… […]

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Business

AUD / USD Changed Direction at 0.7080, as the Downtrends Seem at Advantage Ahead of US NPF

AUD / USD had a little rebound as it fell below its open price level of o.7124 Today (Friday). AUD (Australian dollar) was unable to maintain above 0.7110 price level during the early Asian trading period. However, it has covered covered the release of the RBA (Reserve Bank of Australia) MPS (monetary policy statement). According […]

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Business

AUD / JPY Bullish for Three Days Straight Around 92.50 Due to Strong Australian Data, Careful Optimism

AUD / JPY remains ahead of the 92.50 price level around the 92.55 price level, continuing its two-day straight rallying as it breaks important marks. Positive Australian data and slightly positive market feeling justified what we now observed in the market. Nevertheless, before-Fed trading appeases and Vacations in Japan restrains AUD / JPY instant actions. […]

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Politics

AUD / NZD Technical Breakout on RBA Rate Hike:

The RBA’s surprise hike caught AUD / NZD traders with their guard down. As a result, the pair traded to its highest level since August 2018. The Reserve Bank of Australia (RBA) surprised markets with its first interest rate of the new tightening cycle by hiking 25bps to take rates from a record low 0.1% […]

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