Australian dollar

By RoboForex Analytical Department The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant pressures lately due to a strengthening US dollar and uncertainties...

By RoboForex Analytical Department The AUD/USD pair climbed to 0.6922 on Monday, marking its highest point since February 2023. This surge was primarily triggered by China’s announcement of economic stimulus measures, which is significant given China’s status as Australia’s...

By RoboForex Analytical Department The AUD/USD pair dropped significantly to 0.6764 at the start of the week, primarily driven by a strengthening US dollar rather than an inherent weakness in the Australian dollar itself. This shift in the currency pair’s dynamics is primarily attributed to...

By RoboForex Analytical Department The AUD/USD pair shows signs of potential resurgence as it trades near 0.6802, consolidating within a sideways range at its local peaks towards the end of August. The Australian dollar has appreciated by almost 4% over the month, bolstered by high consumer price...

By RoboForex Analytical Department 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 Australian dollar's resilience is bolstered by the minutes from...

Iron ore prices are on the rise, fueled by optimism about increased demand from China, the world’s top consumer of the steelmaking ingredient. The iron lift-off is welcoming for the Australian dollar (AUD), a currency heavily influenced by the performance of this key export commodity....

Bitcoin (CRYPTO: BTC) has broken past the $1 trillion market capitalization mark. The digital asset hit new all-time highs in several currencies, such as the New Zealand dollar, Russian ruble and Norwegian krone. After touching a peak in currencies like the Japanese Yen in...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. AUD/USD Current Price: 0.7307 Australian businesses indexes improved in September but held into contraction territory. Easing concerns...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. AUD/USD Current Price: 0.7297 Gold prices retreated after Friday’s rally, weighing on the aussie. Australia will publish August TD...

AUD/USD Current Price: 0.7728 Australian May Consumer Inflation Expectations are foreseen at 3.6%. Gold prices recovered some ground, providing support to the Aussie. AUD/USD is neutral-to-bearish in the near-term, could near 0.7600. The AUD/USD pair traded as low as 0.7687, bouncing during US...

AUD/USD Current Price: 0.7730 Australian May Consumer Inflation Expectations are foreseen at 3.6%. Falling equities and gold on higher US inflation pressured AUD/USD. AUD/USD has room to extend its slide, mainly on a break below 0.7690. The AUD/USD pair edged sharply lower to end the day in the...

AUD/USD Current Price: 0.7845 Stocks plummeted, but demand for the greenback remained subdued. Australia will publish May Westpac Consumer Confidence on Wednesday. AUD/USD maintains its positive stance in the near-term, holds above critical 0.7820. The AUD/USD pair spent Tuesday in a tight...

AUD/USD Current Price: 0.7741 Australian data showed signs of further improvement at the beginning of Q2. The aussie advanced on sentiment, following the lead of US indexes. AUD/USD advanced within range, upside limited by 0.7820. The AUD/USD pair keeps seesawing between gains and losses, ending...

AUD/USD Current Price: 0.7703 The RBA maintained its monetary policy unchanged, despite noting economic improvement. Equities fell while US Treasury yields retreated, favoring the greenback. AUD/USD is gaining bearish strength and could soon retest the year low at 0.7531. The AUD/USD pair trades...

AUD/USD Current Price: 0.7763 The Reserve Bank of Australia is widely anticipated to maintain its monetary policy unchanged. Australian manufacturing output rose at a solid pace in April according to the PMIs. AUD/USD pressures daily highs amid substantial gains in equities and gold. The AUD/USD...