AUDUSD Continues to Trade in Sideways Manner
AUDUSD has been in a sliding mode this week, after hitting resistance near its 50-period […]
Canadian Dollar Rises on Unexpected Inflation Uptick; Australian Dollar Continues to Struggle
Canadian Dollar is enjoying a broad rally in early US trading session, fueled by data […]
Will Australia’s Labor Data Tempt RBA to Hike Again?
Despite the Reserve Bank of Australia (RBA) saying at its May meeting that more rate […]
Aussie Shrugs Off RBA Minutes, Weak Consumer Confidence
RBA minutes state further rate hikes possible. Australian consumer confidence sinks. Australian wage growth to […]
Chinese Data on Radar Amid Worries of a Faltering Economic Recovery
The next batch of economic indicators out of China are due on Tuesday (02:00 GMT) […]
Aussie Takes a Tumble, UoM Consumer Sentiment Next
Australia’s inflation expectations higher than expected US inflation unlikely to sway Fed UoM consumer sentiment […]
Chinese Inflation Miss Impacts AUD and the Elliott Wave outlook
The Chinese economy continues to exhibit sluggish growth, with recent inflation data falling short of […]
AUD/USD: Australian Dollar Loses Ground on Weak China’s Inflation Data, Higher US Dollar
Australian dollar lost ground and declined almost 1.2% until the start of US session on […]
Roller-Coaster Week for Investors Ended with Commodity Currencies on Top
Risk-on, risk-off, and then risk-on. It’s a roller-coaster ride for investors last week,with a slew […]
RBA Hopes for Stronger Data to Avoid “Policy Mistake” Discussion
With the market still digesting the recent central banks’ announcements, the focus in Australia now […]
Copper plummets on China outlook, may drag down AUD/USD
Copper prices experienced a precipitous drop this week, puncturing 3.8229 support level and reaching a […]