AUDUSD Forex News
The Dollar Index slumped while gold and silver prices soared on hopes that the Fed may start easing policy sooner than expected. Meantime the Kiwi (NZD/USD) found its wings, soaring 0.55% against the Dollar ahead of today’s RBNZ rate decision. New Zealand’s Reserve Bank is expected to keep its Official Cash Rate at 5.5%.
ACY Securities | 1h 26min ago
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as Asian stock markets traded mostly in the green, following the broadly positive cues from the Wall Street overnight. Traders are also cautiously optimistic over the outlook for interest rates following recent economic data.
RTTNews | 9h 45min ago
The U.S. dollar fell against its major counterparts in the New York session on Tuesday on hopes of a dovish pivot by the Federal Reserve. Recent data has fuelled expectations that the Fed is done raising rates.
RTTNews | 23h 40min ago
The Dollar Index (DXY), a popular gauge of the Greenback’s value against a basket of 6 major currencies, extended its drop to 103.40 (103.75) in thin holiday trade. The Canadian Loonie outperformed. The USD/CAD pair slid 0.7% to 1.3615, just over one-month lows from 1.3640 in the previous session.
ACY Securities | 1 day ago
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as investors are trading mostly higher, following the broadly negative cues from global markets overnight. Traders seemed reluctant to make significant moves ahead of the release of some key economic data in the coming days. Most currencies in the region also strengthened against the U.S. dollar.
RTTNews | 1 day ago
The U.S. dollar weakened against its major counterparts in the European session on Monday on bets that the Federal Reserve is done hiking interest rates.
RTTNews | 2 days ago
The U.S. equity market is set to return to normal trading hours after the Thanksgiving holiday; meanwhile, with the VIX index reaching its lowest level since January 2020. This suggests a heightened risk-on sentiment, potentially supporting bullish trends in the equity market while putting continued pressure on the U.S. dollar.
PU Prime | 2 days ago
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Monday, as investor sentiment remained cautious amid concerns about interest rates and the impact of higher borrowing costs on global economic growth.
RTTNews | 2 days ago