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AUD/USD Forecast: Technically Neutral In The Near-Term, But Sellers Have Limited Chances
Friday, April 30, 2021 - 10:44am | 429Read More...AUD/USD Current Price: 0.7774 Soaring base metal prices maintained the Aussie afloat despite renewed greenback’s demand. Chinese PMIs could introduce some noise to currencies’ behavior on Friday. AUD/USD is technically neutral in the near-term, but sellers have limited chances. The...
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AUD/USD Forecast: Trades Just Ahead Of A Strong Static Resistance Level At 0.7820
Thursday, April 29, 2021 - 10:23am | 388Read More...AUD/USD Current Price: 0.7789 Australian inflation unexpectedly contracted in the first quarter of the year. Investors buy the Aussie as the Fed will maintain QE despite its optimistic view. AUD/USD trades just ahead of a strong static resistance level at 0.7820. The AUD/USD pair fell to 0.7724...
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AUD/USD Forecast: Limited Bearish Potential As Long As It Holds Above 0.7690
Wednesday, April 28, 2021 - 10:11am | 342Read More...AUD/USD Current Price: 0.7766 Australian inflation is expected to have remained subdued in Q1 2021. The poor performance of equities undermined the bullish potential of AUD/USD. AUD/USD has limited bearish potential as long as it holds above 0.7690. The AUD/USD pair ended Tuesday with losses in...
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Sell Dollar On Odds Of Biden Win, Coronavirus Vaccine: Goldman Sachs
Monday, October 12, 2020 - 7:59am | 444Read More...Investment banking firm Goldman Sachs Group Inc (NYSE: GS) is recommending shorting the U.S. dollar on the odds of Democrat Joe Biden winning the November election and a coronavirus vaccine materializing soon. Both factors are negative for the greenback in Goldman Sachs' view, according to...
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AUD/USD Little Higher, Australian Auto Sales Fall
Wednesday, March 15, 2017 - 6:52am | 42Read More...AUD/USD is trading at 0.7584, up 0.0019. Australia's Bureau of Statistics (ABS) reported that Australia's new motor vehicle sales fell 2.7 percent during February after rising 0.5 percent in January. Australia's new motor vehicle sales dropped 4.1 percent year over year after falling 0.9 percent...
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AUD/USD Little Higher, Australian Consumer Confidence Steady
Wednesday, March 15, 2017 - 6:48am | 42Read More...AUD/USD is trading at 0.7581, up 0.0016. The pair is trading choppy and just under the session highs. Chatter about regional growth and headline news is making the rounds. The Westpac-Melbourne Institute Australian Consumer Confidence for March edged up to 99.7 versus 99.6 in February.
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AUD/USD Trading Lower, Australian Business Confidence Slips
Tuesday, March 14, 2017 - 6:20am | 46Read More...AUD/USD is trading at 0.7554, down 0.0011. Then pair is trading in the middle of the session range. The National Australia Bank ( NAB) Australian Business Confidence survey for February slipped to 7 from 10 in January. The Westpac-Melbourne Institute Australian consumer Confidence survey is due...
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AUD/USD Moves Up
Monday, March 13, 2017 - 11:41am | 46Read More...AUD/USD is trading at 0.7589, up 0.0050. The pair is trading at the session highs as overseas forex traders wind down trading for the day. Market chatter about regional growth and comments from policy makers is making the rounds. Australia's unemployment data is due out Wednesday evening.
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AUD/USD Trading Higher
Monday, March 13, 2017 - 4:55am | 48Read More...AUD/USD is trading at 0.7574, up 0.0034. The pair is trading near the session highs. Market chatter about weekend global headline news is making the rounds. The National Australia Bank (NAB) Australian business confidence survey is due out at later this evening. Australia's unemployment data is due...
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AUD/USD Trading Higher, Australian Home Loans Rise
Friday, March 10, 2017 - 2:21am | 55Read More...AUD/USD is trading at 0.7517, up 0.0010. The pair is trading rangebound and in the middle of the session range. Market chatter about headline news and economic data is making the rounds. Australia's Bureau of Statistics reported that loans used to finance housing in Australia rose 0.5 percent...
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AUD/USD Trading Lower
Thursday, March 9, 2017 - 6:29am | 47Read More...AUD/USD is trading at 0.7496, down 0.0030. The pair is trading at the session lows. Market chatter about regional growth and comments from various global policy makers is making the rounds. The Australian Bureau of Statistics is scheduled to release Australian home loan data at 7:30 p.m.ET.
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AUD/USD Trading Lower
Wednesday, March 8, 2017 - 7:29am | 46Read More...AUD/USD is trading at 0.7557, down 0.0034. The pair is trading at the session lows. Market chatter about regional growth and headline news has kept buyers and sellers active. The Australian Bureau of Statistics is scheduled to reported Australian home loan figures Thursday at 7:30 p.m.ET.
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AUD/USD Little Changed, RBA Leaves Rate at Record Low
Tuesday, March 7, 2017 - 5:54am | 68Read More...AUD/USD is trading at 0.7589, down 0.0001 The pair is trading rangebound. The Reserve Bank of Australia (RBA) left the RBA cash rate at a record low 1.5 percent at today's policy meeting. Market chatter about comments by various Reserve Bank of Australia (RBA) policy makers has kept buyers and...
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AUD/USD Little Changed Ahead of RBA
Monday, March 6, 2017 - 11:26am | 73Read More...AUD/USD is trading at 0.7592, down 0.0001 The pair is trading rangebound as overseas forex traders begin to wind down trading for the day. Market chatter about the upcoming RBA policy meeting is making the rounds. The Reserve Bank of Australia (RBA) is scheduled to release a statement and...
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AUD/USD Trading Steady, Australian Inflation Expectations Ease
Monday, March 6, 2017 - 7:11am | 40Read More...AUD/USD is trading at 0.7595, up 0.0002. The TD Securities-Melbourne Institute Australian consumer inflation gauge showed a 0.3 percent decline in January versus a 0.6 percent rise in December. The Australian Industry Group (AIG) construction index is due out at 5:30 p.m. ET.
