AUDUSD Forex News
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
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2 days ago
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
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2 days ago
Robust PMIs Lift Dollar; US Two-Year Bond Yield Surges
The Dollar Index (DXY), which gauges the value of the Greenback against a basket of 6 major currencies, lifted to 105.05 (104.90). Robust US PMIs lifted the Dollar.
ACY Securities
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2 days ago
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
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2 days ago
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
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2 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
RTTNews
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2 days ago
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
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3 days ago
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
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4 days ago
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
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4 days ago
DXY Edges Higher on Fed Speak, JPY Weakens Past 156
Remarks from Federal Reserve Governor Waller that interest rate cuts are probably several months away lifted the Dollar Index (DXY) to 104.65 from 104.50 previously.
ACY Securities
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4 days ago