AUD/USD

AUD/USD Recent News

AUD/USD Forecast: Technically Neutral In The Near-Term, But Sellers Have Limited Chances
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.
AUD/USD Forecast: Trades Just Ahead Of A Strong Static Resistance Level At 0.7820
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.
AUD/USD Forecast: Limited Bearish Potential As Long As It Holds Above 0.7690
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.
AUD/USD Forecast: Needs To Advance Above 0.7820 To Accelerate Its Advance
AUD/USD Current Price: 0.7804 Cooper prices jumped to a decade high amid supply disruption concerns. The Australian macroeconomic calendar will remain empty until next Wednesday. AUD/USD needs to advance above 0.7820 to accelerate its advance.
AUD/USD Forecast: Trades Around 0.7700, But Bears Have Taken The Lead
AUD/USD Current Price: 0.7706 Australian NAB’s Business Confidence improved to 17 in Q1 from 14 previously. The sour tone of equities weighed on the pair in the last trading session of the day. AUD/USD trades around 0.7700, but bears have taken the lead.
AUD/USD Forecast: Needs To Advance Beyond 0.7770 To Become More Attractive For Bulls
AUD/USD Current Price: 0.7752 The Australian March Westpac Leading Index improved to 0.38% from 0.17%. The better tone of American stocks helped the pair to bounce from a weekly low. AUD/USD needs to advance beyond 0.7770 to become more attractive for bulls.
AUD/USD Forecast: Holds On To Intraday Gains, Further Gains Will Depend On The RBA
AUD/USD Current Price: 0.7651 The Reserve Bank of Australia is expected to keep its monetary policy on hold. Risk appetite took over financial markets following upbeat US macroeconomic figures. AUD/USD holds on to intraday gains, further gains will depend on the RBA.
AUD/USD Forecast: Bounced From A Fresh 2021 Low At 0.7531, Upside Still Limited
AUD/USD Current Price: 0.7616 Australian trade surplus resulted at 7526 million, missing the expected 9700 million. Manufacturing output in Australia held within expansion levels in March. AUD/USD bounced from a fresh 2021 low at 0.7531, upside still limited.
AUD/USD Forecast: Technically Bearish In The Near-term, Critical Support At 0.7560
AUD/USD Current Price: 0.7601 Australia to release March manufacturing PMIs this Thursday. The aussie is under pressure, despite US equities advanced. AUD/USD is technically bearish in the near-term, critical support at 0.7560.
AUD/USD Forecast: Challenging The 0.7800 Level and Poised To Extend Gains
AUD/USD Current Price: 0.7804 Australia will publish February employment data this Thursday. US Federal Reserve put the greenback under strong selling pressure. AUD/USD challenging the 0.7800 level and poised to extend gains.
AUD/USD Forecast: Posted A Lower Low Daily Basis, Which Skews The Risk To The Downside
AUD/USD Current Price: 0.7750 The Reserve Bank of Australia will publish the Minutes of its latest meeting. US indexes trimmed intraday losses ahead of the close, helping AUD/USD. AUD/USD posted a lower low daily basis, which skews the risk to the downside.
AUD/USD Forecast: Turned Marginally Positive, Could Advance Further
AUD/USD Current Price: 0.7713 Upbeat Australian and equities’ advancing provided support to the aussie. RBA Governor Philip Lowe is due to speak on the economic recovery and the monetary policy. AUD/USD has turned marginally positive, could advance further.
AUD/USD Forecast: Retains Its Bearish Stance In The Near-Term
AUD/USD Current Price: 0.7664 Gold prices fell to fresh 2021 lows, weighing on the Australian dollar. Australia will publish this Tuesday, February NAB’s business indexes. AUD/USD retains its bearish stance in the near-term.
AUD/USD Forecast: Nearing The Multi-Year High Set Last January At 0.7819
AUD/USD Current Price: 0.7784 The Bank of Australia will publish the Minutes of its February meeting. AUD/USD is nearing the multi-year high set last January at 0.7819.
AUD/USD Forecast: Comfortable Above 0.7700, But Additional Gains Are Still Unclear
AUD/USD Current Price: 0.7728 Australian NAB’s Business Confidence improved to 10 in January from 5. The poor performance of equities put a limit to AUD/USD appreciation. AUD/USD is comfortable above 0.7700, but additional gains are still unclear.
AUD/USD Forecast: Under Mild-Pressure, Firmer Equities Limit Declines
AUD/USD Current Price: 0.7597 RBA´s Governor Lowe to testify before the House of Representatives Standing Committee on Economics. Australian Trade surplus jumped to 6.785M in December as imports fell. AUD/USD under mild-pressure, firmer equities limit declines.
AUD/USD Forecast: Bullish Potential Is Still Limited, Needs To Regain 0.7700
AUD/USD Current Price: 0.7621 Australian data was tepid, missing the market’s expectations. AUD/USD bullish potential is still limited, needs to regain 0.7700.
AUD/USD Forecast: Trades At Its Lowest For The Year, Could Extend The Slide In The Near-Term
AUD/USD Current Price: 0.7587 The RBA kept the cash rate on hold, extended its QE program. Australia will publish the Commonwealth Bank Services PMI for January, expected at 55.8. AUD/USD trades at its lowest for the year, could extend the slide in the near-term.
AUD/USD Forecast: Technically Poised To Extend Its Decline, But RBA Expected To Be Hawkish
AUD/USD Current Price: 0.7631 The RBA is expected to maintain its monetary policy unchanged. Services output in Australia improved by more than expected in January. AUD/USD is technically poised to extend its decline, but RBA expected to be hawkish.
AUD/USD Forecast: Bounced From Fresh Monthly Lows, But Bulls Unconvinced
AUD/USD Current Price: 0.7693 The Australian dollar is trading alongside equities, ignoring local data. AUD/USD bounced from fresh monthly lows, but bulls unconvinced.
AUD/USD Forecast: At Risk Of Accelerating South On A Break Below 0.7640
AUD/USD Current Price: 0.7655 Australian data came in mixed, but inflation picked modestly up in Q4 2020. Risk aversion and plummeting equities pushed AUD/USD lower in the US session. AUD/USD is at risk of accelerating south on a break below 0.7640.
AUD/USD Forecast: Bearish In The Near-Term, Additional Declines Expected
AUD/USD Current Price: 0.7705 Australian markets to be closed in observance of the Australia Day. A dismal market mood pushed the pair lower in the American session. AUD/USD is bearish in the near-term, additional declines expected.
AUD/USD Forecast: Bullish, Consolidating Gains Above The 0.7700 Threshold
AUD/USD Current Price: 0.7756 Upbeat Australian employment data pushed AUD/USD higher. Australia will publish this Friday the preliminary estimate of January’s Retail Sales. AUD/USD is bullish, consolidating gains above the 0.7700 threshold.