AUDUSD Forex News

U.S. Dollar Drops After Soft PCE Inflation Data

U.S. Dollar Drops After Soft PCE Inflation Data

The U.S. dollar declined against its major counterparts in the New York session on Friday, as a slowdown in PCE inflation for November bolstered the prospect of slower pace of rate cuts by the Federal Reserve next year.
RTTNews | 2 days ago
Daily Global Market Update

Daily Global Market Update

Pound weakened against the dollar, Bitcoin declined, and oil prices remained stable. The Australian dollar recovered, and the global financial landscape saw increased cryptocurrency hacking and mixed economic signals. Key economic events to watch include Japanese and European data releases.
Moneta Markets | 2 days ago
U.S. Dollar Advances After Strong Economic Data

U.S. Dollar Advances After Strong Economic Data

The U.S. dollar rose against its major counterparts in the New York session on Thursday, as better-than-expected economic data suggested that economy is on solid footing.
RTTNews | 3 days ago
U.S. Dollar Climbs On Fed's Hawkish Tone

U.S. Dollar Climbs On Fed's Hawkish Tone

The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as the Federal Reserve cut interest rates by a quarter point but indicated fewer rate cuts than previously projected next year.
RTTNews | 4 days ago
Daily Global Market Update

Daily Global Market Update

Bitcoin gained slightly, Meta and AUD slipped, Gold dipped due to strong USD. US retail sales strong, crypto.com CEO met Trump on Bitcoin Reserve. Watch Japan data, US Redbook, UK retail sales, Eurozone unemployment, Germany industrial production.
Moneta Markets | 4 days ago
Commodity Currency's Slide As Oil Prices Drop, Fed Policy Announcement

Commodity Currency's Slide As Oil Prices Drop, Fed Policy Announcement

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday, as the crude oil prices fell amid concerns about the outlook for global demand, and possible excess supply in the market next year.
RTTNews | 4 days ago
Navigating Currency Shifts: RBA's Policy and Global Market Trends

Navigating Currency Shifts: RBA's Policy and Global Market Trends

The global economy is once again navigating uncertain waters, with key developments shaping the outlook for currencies and economic stability. Among these shifts, the Reserve Bank of Australia’s (RBA) evolving stance on monetary policy and its implications for the Australian dollar (AUD) take centre stage.
ACY Securities | 5 days ago