15.08.2022
Chicago 12, Melborne City, USA
Politics

Australian Inflation Lifts as Broadly Expected

June 2022 CPI 1.8% qtr vs 1.7% forecast; Trimmed Mean 1.5% vs 1.4% forecast. The CPI came in broadly as expected even with food, clothing & footwear, household furniture, equipment & services surprising to the high side. The CPI gained 1.8% in the June quarter splitting the difference between the market median of 1.9% and […]

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Business

Australian Dollar Loses to Raging USD Despite Hawkish RBA Rate Announcement

The Australian dollar surrendered early gains on Tuesday after the Reserve Bank of Australia (RBA) announced an expected 50 basis-points (bps) rate hike in the Australian session on Tuesday. Expectations of a Solid Australian Dollar Comeback Cut Short Analysts and traders predicted a second consecutive 50 bps rate hike from the RBA. However, the rating […]

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Business

Australian Dollar Falls on Thursday as Commodity Prices Sink

Despite the stock market regaining some level of stability, the Australian dollar, Kiwi, and Loonie currently exhibit notable weakness, as the AUD / USD falls to the 0.6870 area. This weakness comes as a commodity and energy prices drop amid recession fears, dragging the commodity-based currencies lower. Copper currently trades at its lowest level since […]

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Business

Australian Dollar Remain Largely Unmoved After Higher-than-Expected RBA Rate Hike

The Australian dollar recorded a mild uptick in the London session on Tuesday following comments from Reserve Bank of Australia (RBA) Governor Philip Lowe hinted at more rate hikes. However, persisting fears of a crawling global growth and worsening inflation limited gains for the Aussie. Currency investors remain doggedly focused on central bank statements and […]

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Business

AUD / USD Focuses on 0.7000 During Risk-off Mood, and Australian Employment Data

AUD / USD gets to lower price levels around 0.7030, after its renews its 3-weeks low. Bad news from China combined with risk-avoiding moves supported the downward forces. This caused the AUD / USD to drop for 4-days straight. However, the AUD / USD pairs risk gauge losses can be related to rising anxieties of […]

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Forex guide

Australian Dollar Climbs After Labor Victory …

The Australian dollar appreciated against its most major counterparts in the Asian session on Monday, after the country’s Labor Party won the federal election held over the weekend, defeating the ruling party for the first time since 2013. Labor Party leader Anthony Albanese was sworn in as the new Prime Minister and is set to […]

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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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Scalping

Australian ETFs in operation in another cryptocurrency scroll

Foreign exchange trading (ETF) cryptocurrency exchanges have not yet been notified of this settlement, but the interest in legal products and cryptocurrencies has been raised. This site, and products from investing in bitcoin and ether sono reached the Australian market. The legacy products of all cryptocurrencies are non-existent due to the normative control and the […]

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Business

Australian Dollar Taps Two-Year Low as Safe-Haven Flight Persist

The Australian dollar slumped to a two-year low against the US dollar in the Asian session on Tuesday, as commodities-tied currencies tumble amid fears of slowing global economic recovery. The Aussie slumped to the 0.6910 level after shedding 1.7% earlier today, its lowest point against the greenback since July 2020. Commenting on the recent price […]

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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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