AUDUSD Forex News

U.S. Dollar Drops As Stocks Advance

U.S. Dollar Drops As Stocks Advance

The U.S. dollar weakened against its major counterparts in the New York session on Friday, as U.S. stocks edged higher after falling in the previous session.
RTTNews | 2 days ago
The Australian Dollar rapidly depreciates

The Australian Dollar rapidly depreciates

The AUD/USD pair has fallen rapidly in the final week, reaching 0.6592. This decline is primarily driven by the US dollar's robust performance, following stronger-than-expected US economic data. Investors now speculate that the Federal Reserve may postpone any interest rate cuts.
RoboForex | 2 days ago
Daily Global Market Update

Daily Global Market Update

The pound dipped 0.1%, Bitcoin fell 1.8%, oil decreased 0.2%, and AUD/USD corrected down 0.1%. Coinbase reopened XRP trading in New York. UK stocks fell amid election uncertainty, and oil prices dropped to their lowest since February. Key upcoming economic releases include UK retail sales, US durable goods orders, and Germany's GDP.
Moneta Markets | 2 days ago
Australian Dollar Falls Amid Risk Aversion

Australian Dollar Falls Amid Risk Aversion

The Australian dollar weakened against other major currencies in the Asian session on Friday amid risk aversion, following the broadly sell-off on Wall Street overnight, after the recent release of stronger-than-expected U.S. economic data and the slightly hawkish Fed minutes renewed concerns the U.S. Fed will keep interest rates higher for longer than previously thought. The concerning escalation in the tensions between Taiwan and China is also weighing on the markets.
RTTNews | 2 days ago
U.S. Dollar Advances Amid Solid PMI Data

U.S. Dollar Advances Amid Solid PMI Data

The U.S. dollar climbed against its major counterparts in the New York session on Thursday, as the nation's business activity accelerated sharply in May, its highest level since April 2022.
RTTNews | 3 days ago
U.S. Dollar Appreciates Ahead Of Fed Minutes

U.S. Dollar Appreciates Ahead Of Fed Minutes

The U.S. dollar was higher against its major counterparts in the New York session on Wednesday, as investors awaited minutes of the U.S. Federal Reserve's latest policy meeting for clues on the timing of the first cut.
RTTNews | 4 days ago
Daily Global Market Update

Daily Global Market Update

Bitcoin fell 2.5%, with further declines likely. Apple's stock rose 0.6%, showing bullish trends. The AUD/USD pair remained stable but has a negative outlook. Gold dipped 0.2% and is overbought. Globally, gold prices held near record highs as the dollar stayed strong, with anticipated U.S. rate cuts.
Moneta Markets | 4 days ago