AUD/USD — News Archive

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Can AUD/USD Recover 0.6313?

The Australian dollar versus the US dollar currency pair seems to be in bullish hands. Are the bears just around the corner?

Aussie Weak amid Lockdown, QE Bond Buying

The Australian dollar was among the weakest currencies on the Forex market together with its commodity-related counterparts today due to coronavirus panic that makes investors seek safer options. While it has trimmed its losses by now, the Aussie is still trading below the opening level against the majority of most-traded currencies.

Is 0.5511 a Bearish Barrier on AUD/USD?

The Australian dollar versus the US dollar currency pair dropped until the 0.5511 level. The bulls may have some reasons to keep a close eye.

Aussie Attempts to Recover After Plunging to Lowest in Decade

The Australian dollar plunged to the lowest level in more than a decade against a range of currencies today but now is trying to recover. As was expected, the Reserve Bank of Australia announced additional monetary stimulus. Meanwhile, employment data showed surprisingly good results.

AUD Extends Drop After RBA Policy Minutes, Poor Economic Data

The Australian dollar attempted to rally today after the release of monetary policy minutes from the Australian central bank and domestic macroeconomic data but failed and continued its crash to new multi-year lows. The outlook for another interest rate cut was not helping the Aussie either.

Can 0.6000 Stop the Decline on AUD/USD?

The Australian dollar versus the US dollar currency dropped sharply, but there are some chances for the bulls.

Australian Dollar Attempts to Rebound After Flash Crash

The Australian dollar rose today, attempting to rebound after the recent flash crash. But today’s gains were nowhere near enough to erase losses the currency has logged since the end of the last week. The coronavirus continues to spread across the globe, hurting demand for riskier currencies linked to commodities. Negative domestic macroeconomic data was not helping the matter either.

AUD/USD Plunged to 0.63 and Recovered. What Now?

The Australian dollar versus the US dollar currency pair depreciated strongly. Will the recovery last?

Australian Dollar Soft on Market Sentiment, Weak Economic Data

The Australian dollar was soft today. While it managed to gain on the US and Canadian dollars, the Aussie fell against other most-traded currencies. It declined even against its New Zealand counterpart, which is also considered riskier commodity currency. The market sentiment remained in a risk-off mode, weighing on Australian currency, and Australia’s macroeconomic releases were not helping either.

Australian Dollar Rises for Third Day After GDP Beats Expectations

The Australian dollar continued to rise, logging a third consecutive daily gain. This time, it is easier to explain the currency’s rally as it followed the better-than-expected GDP print released during the trading session. Economic data from China, Australia’s biggest trading partner, was atrocious, but it had a little impact on the movement of the Aussie.

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