AUD/USD (Australian dollar/US dollar) AUD/USD (Australian dollar/US dollar)
AUD/USD (Australian dollar/US dollar)

Investing.com-- Australian retail spending grew less than expected in August, barely expanding as consumers further cut back on spending amid continued pressure from historically high interest rates and sticky inflation.

The Aussie dollar has fallen a bit during the trading session on Wednesday, as we see a lot of noisy behavior in general. All things being equal, I think you got a situation where the market is weighing a lot of risk.

The Australian dollar has gone back and forth during the course of the trading session on Tuesday, as we try to sort out which way we go next.

25 Sep, 2023 @ 13:24 by Yahoo! Finance

The Aussie has dropped a bit during he early hours on Monday, as we continue to see choppy behavior.

The Pound (GBP) experienced further losses on Friday, rounding off a challenging week marked by a deepening contraction in the U.K.'s service sector activity, according to the latest survey. This development has intensified recession fears and fueled expectations that the Bank of England (BoE) has concluded its interest rate hikes.

The Australian dollars gone back and forth during the course of the trading week, as we continue to see a lot of confusion.

The Aussie dollar has rallied significantly during the trading session on Friday, slamming into the top of the falling wedge that has been such a huge part of the technical analysis in this pair.

The Aussie dollar has plunged during the trading session on Thursday, as we continue to see a lot of risk of behavior.

21 Sep, 2023 @ 11:48 by Yahoo! Finance

The dollar reached a 6.5-month peak on Thursday, September 21, 2023, after the U.S. Federal Reserve signaled a continuation of its restrictive policy, even as it held rates steady. This comes as the Swiss franc fell following the Swiss National Bank's decision to maintain unchanged rates, marking the first time it has not increased rates since March 2022.

The Australian dollar has broken out of a falling wedge, which of course is a bullish sign, but it is ahead of the FOMC so this could get squashed rather quickly.

The Australian dollar has rallied a bit during the trading session on Tuesday but gave back gains to show signs of hesitation at the very precipice of a downtrend line.

The U.S. dollar traded largely unchanged in early European trade Tuesday, drifting ahead of the start of the latest two-day Federal Reserve policy meeting, the highlight of several key central bank rate decisions this week. Currency moves appear relatively subdued Tuesday, with traders seemingly unwilling to take further positions ahead of the result of this week’s U.S. Federal Reserve meeting. The policymakers are widely expected to keep interest rates on hold, but with inflation still elevated and economic data tending to show a resilient economy, they are also likely to maintain a hawkish stance.

The Aussie continues to see hesitation above, as we fade rallies going forward.

The Australian dollar has rallied a bit during the course of the trading week to show signs of strength, within a major consolidation area.

15 Sep, 2023 @ 15:58 by Yahoo! Finance

The Aussie dollar rallied yet again during the trading session on Friday, only to turn around and show signs of weakness as the US dollar crushes everything.

15 Sep, 2023 @ 00:23 by Yahoo! Finance

Investing.com-- Most Asian currencies rose on Friday as more stimulus measures and positive economic readings from China helped boost risk appetite, while the dollar traded near six-month highs.

Investing.com-- Australian employment grew more than expected in August, data showed on Thursday, bouncing back from a small contraction in the prior month as labour conditions remained tight.

13 Sep, 2023 @ 13:58 by Yahoo! Finance

The Aussie dollar has been all over the place during the trading session on Wednesday, as we are threatening major support underneath, and of course have had noise coming out from the CPI numbers.

12 Sep, 2023 @ 13:58 by Yahoo! Finance

The Aussie dollar has initially tried to rally during the day on Tuesday, but gave up gain as we continue to see the area above cause issues.

11 Sep, 2023 @ 14:30 by Yahoo! Finance

The Australian dollar has rallied significantly during the course of the trading session on Monday, breaking the back of a couple of lackluster candlesticks.

Ted Editor in chief

Ted is the author of some of the most highly rated review of Forex investment. Ted has consistently provided informative, relevant insight into the latest developments within the FX industry