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The Australian dollar rebounded on Thursday, after a 2-day slide in which AUD/USD lost 100 points. In European trade, AUD/USD is trading at 0.6830, up 0.37%. On Wednesday, the Australian dollar fell...
AUD/USD is lower as expected this week to hit very strong support at 6800/80. A low for the day exactly here. Longs need stops below 6760. A break lower is a sell signal of course, targeting 6725/20...
Dollar strengthens as better PMIs add to Fed hike betsEurozone and UK PMIs also surprise to the upsideEquities and risk-linked currencies feel the heat of hike betsBetter PMIs fuel Fed hike bets and...
It has been a busy session for the Australian dollar, which started the day with losses but has recovered. In European trade, AUD/USD is trading at 0.6919, up 0.23%.Mixed Australian dataAustralia...
Equity markets are poised to open in the green once more on Thursday, continuing what has been a rather strange week of trade so far.We’ve seemingly gone from euphoria at the start of the year...
It has been a disastrous session for AUD/USD, which has plunged 1.26% and is trading at 0.6899.Lowe Says More Hikes ComingRBA Governor Philip Lowe faced a grilling from Australian lawmakers earlier....
An action-packed week lies ahead for FX traders. The dollar staged a recovery lately as markets priced in a higher peak for Fed rates, but whether this comeback has scope to continue will depend on...
The Australian dollar posted strong gains on Tuesday. In the European session, AUD/USD is trading at 0.6934, up 0.75%.RBA Hikes by 25 BPSThere were no surprises from the RBA, which raised rates by 25...
Jump in payrolls halts tech rally, revives dollar bulls; Fed speakers eyed nextYen tumbles on reports that Kuroda successor will be architect of BoJ’s ultra-easy policyGold takes a hit from...
After a miserable end to the week, the AUD/USD is steady on Monday and is trading at 0.6912.The January US nonfarm payrolls were a blowout that shocked the markets. The economy created a stunning...
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