The AUD/USD is pinned into the 0.6300 level after the Reserve Bank of Australia (RBA) kept its benchmark rate at 4.1% early Tuesday. The RBA was broad
to stand pat on interest rates for their fourth straight meeting as inflation expectations ease, though the RBA Governor Michele Bullock noted that inflation is likely to remain on the high side until sometime in 2025.Diverging talking points from different officials from the US Federal Reserve leaves rate cycle expectations hung in the middle.
Thursday will see Australian Trade Balance figures early on, followed by US Challenger Job Cuts and Initial Jobless Claims, and market participants will be bristling ahead of Friday's USThe AUD/USD extended declines for Tuesday, tumbling into the 0.6300 handle and is struggling to find bid support as broad-market risk appetite favors the
The pair is down over 3% from last week's swing high, falling over 210 pips over three trading days after getting rejected from the 0.6500 handle.On the daily candlesticks, the AUD/USD has slipped out of recent consolidation, and is extending a downside move after seeing a clean rejection from the 34-day Exponential Moving Average .Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement.
Gold price stays under modest bearish pressure and trades below $1,830 in the second half of the day on Tuesday. The benchmark 10-year US Treasury bond yield holds at fresh multi-year highs above 4.7% after upbeat US data, not allowing XAU/USD to gain traction.Chainlink price eyes the upper boundary of a range at $8.148. It comes after the macro downtrend concluded, and could be the path to a new confirmed macro uptrend for LINK.S&P 500 lost 0.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AUD/USD remains flat below 0.6450, eyes on US PMI ahead of RBA rate decisionThe AUD/USD pair trades sideways below the mid-0.6400s during the early Asian session on Monday. The Australian Dollar (AUD) sell-off pauses due to th
Read more »
AUD.USD falls back below 0.6400 ahead of RBA rate callThe AUD/USD is washing back into familiar lows for Monday, trading into 0.6340 as broad-market sentiment turns risk-off. The Aussie (AUD) is down 1.2%
Read more »
AUD/USD consolidates its losses around 0.6360 ahead of RBA rate decisionThe AUD/USD pair consolidates its recent losses above the mid-0.6300s during the early Asian session on Tuesday. Traders prefer to wait on the sidelin
Read more »
Australian Dollar Holds Losses After RBA Stands Pat; AUD/USD Tests Key SupportAUD held early losses after the RBA kept benchmark interest rates steady, in line with market expectations. What’s next for AUD/USD and AUD/NZD?
Read more »
AUD/USD could advance to the 0.6525 levelFurther upside could encourage AUD/USD to revisit the 0.6525 level in the short-term horizon, suggest Markets Strategist Quek Ser Leang and Senior FX
Read more »
AUD/USD Price Analysis: Skids below 0.6400 on weak Caixin Manufacturing PMIThe AUD/USD pair extended downside to near the round-level support of 0.6400 in the early New York session. The Aussie asset faces selling pressure as
Read more »