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Australian inflation fell to 3.5% y/y but remains a tick above the cyclical low of 3.4% set earlier this year. Core inflation, however, did hit a cyclical low at 3.8%, leaving the market split 50/50...
The Australian dollar continues to have a quiet week. AUD/USD is trading at 0.6796 in the European session, up 0.06% on the day at the time of writing. Australian CPI Dips to 3.5% Australia’s...
Gold Price Remains Elevated Amid Rising Tensions and Rate Cut Hopes The gold (XAU/USD) price rose 0.19% yesterday and continued to trade near all-time highs as safe-haven demand increased due to...
AUD/USD is finding its footing, currently stabilising at around 0.6725, as the US dollar weakens further in anticipation of Fed Chair Jerome Powell's speech at the Jackson Hole symposium. The...
Stocks in the green again as investors await the Jackson Hole gathering Economists look for strong Fed easing in 2024 despite recession talk dissipating Dollar remains on the back foot against most...
The Australian dollar has started the week with slight gains. AUD/USD is trading at 0.6685 in the European session, up 0.24% on the day at the time of writing. Earlier today, the Australian dollar...
The Australian dollar (AUD) is witnessing a rise against the US dollar (USD) for the second consecutive day, reaching 0.6629. This upward movement is bolstered by the Reserve Bank of Australia's...
The Australian dollar is in positive territory on Thursday. AUD/USD is trading at 0.6607 in the European session, up 0.16% on the day at the time of writing. Earlier, the Aussie rose as high as...
AUD/USD retraces 61.8% of the July-August selloff But meets tough resistance at 50-day SMA AUD/USD has surged by around 4.5% from the August 5 low of 0.6347 but the recovery has hit a snag at the...
New Zealand’s core inflation trend has decelerated at a faster pace than Australia. RBNZ may use tomorrow’s monetary policy meeting to offer dovish guidance and bring forward its projected first...
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