The Australian Dollar will likely be in focus to kick off the trading week as forex traders turn to the September RBA meeting for clues on where the Aussie might head next.
The US Dollar shrugged off news that the Treasury Department is holding off on USD intervention “for now”. Ahead, downside AUD/USD progress may be impeded by local private Capex data.
The Australian Dollar outlook is grim on rising fears of a US recession, yield curve inversion. AUD/USD may shrug off rosy jobs data ahead on fears of slowing global growth.
The Japanese Yen inched closer to 2016 levels as US-China trade tensions and a collapse in the Argentine Peso soured sentiment. APAC shares may decline, further weakening AUD/USD.
The AUD/USD, AUD/JPY may reach 2009 lows as US President Donald Trump gave the green light for more tariffs against China. Retaliation may sink the Australian Dollar as the Yen gains.
GBPUSD eyes downtrend resumption as Bank of England Governor Mark Carney fuels rate cut expectations. Meanwhile, IG Client sentiment offers a stronger AUDUSD-bullish trading bias.
The Australian Dollar remains in focus in the wake of the RBA's rate cut with AUDUSD, AUDJPY and AUDCAD price action turning to Wednesday's Aussie GDP report.
The Aussie breakout is testing initial resistances targets with the RBA on tap tonight – a cut is expected. Here are the levels that matter on the AUD/USD charts.
AUDUSD price action hinges on upcoming employment data out of Australia as the report is anticipated to dictate whether or not the RBA will slash its policy interest rate at upcoming meetings.
AUDUSD overnight implied volatility soars to a multi-month high following the latest monetary policy minutes from the RBA which labeled future weakness in Australia's labor as a potential trigger to cut interest rates.
Aussie is top performer against the US Dollar this week with the price breakout now at testing resistance targets. Here are the levels that matter on the AUD/USD charts.
Dovish language from the Reserve Bank of Australia sent spot AUDUSD prices plunging to their lowest level since March 14, but OIS probabilities for future rate cuts remain largely unchanged.
AUDUSD overnight implied volatility jumps to 1-month highs ahead of the Reserve Bank of Australia's interest rate decision expected early in Tuesday's session.
The Australian Dollar slipped following the release of Chinese industrial production. Will continued slower growth in China prompt the RBA to cut rates, sending AUD/USD
The Australian Dollar slid as a key measure of business sentiment registered its weakest level since the start of 2016, adding to peristent disappointments in
The poor old Australian Dollar will clearly take any good news it can get at this point, with a very modest revival for NABs business
The Australian Dollar took a Tuesday fall on news that domestic businesses assessment of current conditions had worsened very markedly
Asia Pacific benchmark stock indexes traded higher despite worrying trade news from the US earlier. Nikkei 225 still within bearish reversal pattern. Market mood might