The Australian Dollar looks to a speech from RBA’s Governor Philip Lowe to see if the central bank is perhaps moving closer to changing rates. Besides that, the markets patiently await the Fed.
A lack of more catalysts to fuel the recovery in sentiment saw Asian shares give up some of yesterday’s gains. AUD/USD is at a pivotal point after the status quo RBA rate hold at 1.50%.
A shift in the Reserve Bank of Australia’s (RBA) forward-guidance may fuel the recent advance in AUD/USD as it boosts bets for a rate-hike in 2018.
A rebound in global sentiment saw Wall Street gap higher at market open, the US Dollar then took back most of its losses. The Australian Dollar is at risk on the upcoming RBA rate decision.
AUDUSD is up more than 3% from the yearly low with price now testing resistance ahead of the RBA. These are the updated targets & invalidation levels that matter
The US Dollar has kicked off the week with a support check, falling after a hold of resistance following last week’s NFP report. With the June FOMC rate decision looming on the calendar for next […]
The Australian Dollar didn’t get much tailwind from some quite-strong second-tier data on Monday. Investors are waiting for bigger fish.
Earlier this month, the RBA kept interest rates on hold for a record 19th consecutive meeting. The central bank said evidence of the drivers for higher interest rates — wage growth followed by higher inflation […]
The Australian Dollar was dented further as local construction data missed expectations while sentiment deteriorated. A speech from RBA’s Governor Philip Lowe could hurt AUD more.
Even though they are both anti-risk currencies, the Swiss Franc outpaced the Japanese Yen as Italy fears dented the Euro. The Australian Dollar may fall on RBA’s Lowe speech later on.