AUD/USD (Australian dollar/US dollar) AUD/USD (Australian dollar/US dollar)
AUD/USD (Australian dollar/US dollar)
18 Jul, 2024 @ 14:03 by Yahoo! Finance

The Aussie continues to be very noisy, as we are trying to sort out whether or not we are going higher, or if the momentum has run its course. The market has recently just jumped above a symmetrical triangle, and now we are trying to see if the market can

Investing.com-- Most Asian currencies tread water on Thursday amid concerns over stricter U.S. trade restrictions on China, while the Japanese yen steadied after strengthening sharply this week on suspected intervention.

Investing.com-- Australia’s job market grew more than expected in June, as high vacancies and a strong amount of participation saw the labor market running hot even as unemployment rose slightly.

17 Jul, 2024 @ 12:12 by Yahoo! Finance

The Australian dollar continues to be noisy, but at this point in time, the market also looks like there are buyers underneath to keep the potential uptrend going as we break out of a symmetrical triangle.

Investing.com-- Most Asian currencies advanced slightly on Wednesday, gaining more ground against the dollar amid growing optimism that the Federal Reserve was close to cutting interest rates.

The Australian dollar pulled back just a bit during the early hours on Tuesday, but it does look like there are buyers underneath waiting to pick it back up. At this point in time, it looks like everybody is still squarely focused on the Federal Reserve.

Investing.com-- Most Asian currencies moved in a flat-to-low range on Tuesday as speculation over a Donald Trump presidency helped the dollar rise past increased bets on interest rate cuts.

The Aussie has been bullish for some time, and it looks like the market is still trying to push things higher. With this, the market still has a lot of work to do, and pullbacks should be welcomed.

15 Jul, 2024 @ 00:23 by Yahoo! Finance

Investing.com-- Most Asian currencies moved little on Monday, while the dollar caught some safe haven bids after the attempted assassination of former U.S. President Donald Trump over the weekend.

The Aussie continues to see a lot of upward pressure at this point in time, as the market continues to see a lot of momentum coming into the market. Ultimately, this has a lot to do with risk appetite more than anything else, so please keep that in mind.

The Australian dollar has rallied a bit during the trading session on Friday as we continue to see a significant amount of momentum to the upside. At this point, you have to wonder whether or not the US dollar is finally going to give up its strength overall.

11 Jul, 2024 @ 14:19 by Yahoo! Finance

The Australian dollar continues to see a lot of noise, and upward pressure more than anything else. This is a currency that is going to pay close attention to the central bank noise globally.

11 Jul, 2024 @ 00:24 by Yahoo! Finance

Investing.com-- Most Asian currencies rose on Thursday as the dollar lost ground after comments from Federal Reserve Chair Jerome Powell sparked more optimism over interest rate cuts, putting upcoming inflation data squarely in focus.

The Aussie continues to see a lot of noisy behavior, as the trading public will continue to be a situation where we are trading based on the idea of any Federal Reserve cuts, and of course, commodities.

Investing.com-- Most Asian currencies edged lower on Tuesday as the dollar found some strength before a testimony by Federal Reserve Chair Jerome Powell, while the yen languished around 38-year lows.

The Aussie has been somewhat strong again in the early hours of Monday, as the market is currently trying to do whatever it can to break above the downtrend line that forms a much bigger weekly symmetrical triangle.

Investing.com-- Most Asian currencies moved little on Monday, while the dollar nursed steep losses amid growing expectations of interest rate cuts, while the Japanese yen firmed on data showing a pick-up in average wages.

The week has been good for the Aussie dollar, as the market looks like it is trying to break much higher, although it might take some time overall. The market looks as if we are breaking out of a triangle, as well as possibly breaking out of an inverted head

05 Jul, 2024 @ 16:12 by Yahoo! Finance

The Aussie rallied a bit on Friday as well, as the market continues to try to guess if the Federal Reserve officials are ready to start cutting. However, the market is likely to see a lot of volatility going forward, as indecision mars some of the bullishness.

Investing.com-- Most Asian currencies advanced slightly on Friday, recovering further as the dollar weakened ahead of key payrolls data, while the Japanese yen strengthened sharply amid speculation over potential government intervention.

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