AUDUSD=X - USD/AUD
| Previous Close | 0.6511 |
| Open | 0.6520 |
| Bid | 0.6520 |
| Day's Range | 0.6520 - 0.6520 |
| 52 Week Range | 0.6176 - 0.7365 |
| Ask | 0.6516 |
FX EmpireAUD/USD Weekly Forecast – Australian Dollar Gets Hammered for the Week
The Aussie dollar has broken down significantly during the trading week, as the 0.6 6 Level Has Given Way.
FX EmpireAUDUSD Forecast – Australian Dollar Bounces Into the Weekend
The Aussie dollar bounced a bit early on Friday to show signs of life again as we head into the weekend.
- Investing.com
Australian retail sales flat in April as consumers tighten purse strings
Investing.com-- Australian retail sales missed expectations in April, remaining flat from the prior month as a rising cost of living and high interest rates saw consumers pulling back further on spending big.
FX EmpireAUDUSD Forecast – Australian Dollar Continues to Look Threatened
The Aussie dollar had sold off rather drastically and Wednesday, and Thursday it looks like we are seeing more of the same.
- Investing.com
Dollar in demand after Fitch signals possible U.S. rating downgrade
The U.S. dollar gained in Europe Thursday, climbing to a two-month high on rising fears of a U.S. default as Fitch threatens a rating downgrade. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, rose 0.2% to 103.955, just below the 104.05 overnight peak, the highest level since mid-March. The dollar’s safe haven status has meant that it has benefited from the lack of progress in the talks to lift the U.S. government's $31.4 trillion debt ceiling, with the early-June deadline that Treasury Secretary Janet Yellen said is when it’s “highly likely” that her department will run out of money drawing nearer.
- Investing.com
Asia FX weakens amid debt ceiling woes, dollar at two-month high
Investing.com -- Most Asian currencies slid on Thursday, while the dollar hit a two-month high as uncertainty over raising the U.S. debt limit and averting a default saw investors avoid risk-driven assets.
FX EmpireAUDUSD Forecast – Aussie Takes a Fall For the Session
The Aussie fell hard on Wednesday, showing that the market may finally be looking to break down.
- Investing.com
Dollar stabilizes ahead of Fed minutes as debt negotiations continue
While talks between both political parties continue over the lifting of the U.S. government's $31.4 trillion debt ceiling, any progress seems to be hard won and there are few signs of a deal being reached anytime soon. There’s now just over a week before the early-June deadline that U.S. Treasury Secretary Janet Yellen said is when it’s “highly likely” that her department will run out of sufficient cash to function as normal.
FX EmpireAUDUSD Forecast – Australian Dollar Testing Support Underneath
The Australian dollar will continue to see a lot of noise, as we are testing the bottom of the overall consolidation range that we have been in for a while.
FX EmpireThe Future of Forex: ChatGPT’s Role in Shaping the Currency Trading Landscape
Artificial Intelligence (AI) has been a hot topic in the world of trading for decades. Will AI ever be able to outperform humans in making potentially profitable decisions?
- Investing.com
Dollar edges higher; Fed rate hike in June still possible
The U.S. dollar gained in early European trade Tuesday, with risk sentiment on the slide as the debt ceiling impasse continued and following hawkish comments from Fed officials. U.S. President Joe Biden and House Speaker Kevin McCarthy ended discussions late Monday with no agreement on how to raise the U.S. government's $31.4 trillion debt ceiling. U.S. Treasury Secretary Janet Yellen added to the urgency of the situation by stating that it’s now “highly likely” that her department will run out of sufficient cash in early June.
FX EmpireAUDUSD Forecast – Australian Dollar Continues to Test the Bottom of the Consolidation Range
The Australian dollar has gone back and forth early on Monday, as we continue to see a lot of hesitation just above the 0.66 level.
- Investing.com
Dollar edges lower; debt ceiling talks, Powell's comments in focus
The U.S. dollar edged lower in early European trade Monday amid uncertainty surrounding the U.S. debt ceiling negotiations and after dovish comments from Fed chair Jerome Powell. The dollar received a blow late last week as negotiations over the potential raising of the U.S. debt ceiling, and thus avoiding a very damaging default, suddenly broke down with Republicans walking out of the meeting. U.S. President Joe Biden and House Republican Speaker Kevin McCarthy are set to meet later Monday, but compromises will have to be made and thus more brinkmanship is to be expected ahead of early June, when the Treasury is seen running out of money.
FX EmpireAUDUSD Weekly Forecast – Australian Dollar Continues to Trade in the Same Range
The Aussie dollar has gone back and forth during the week, testing the bottom of the overall range to find buyers.
FX EmpireAUDUSD Forecast – Australian Dollar Bounces From Major Support
The Aussie dollar bounced a bit during the trading session on Friday, showing signs of strength at the 0.66 level.
- Investing.com
Dollar slips from two-month high; Fed rate expectations in focus
The U.S. dollar edged lower in early European trade Friday, but remained near a two-month high as strong labor data and optimism that a U.S. debt default can be avoided pointed to the Federal Reserve retaining a tight monetary policy for longer. The dollar index is on course to record gains of just under 1% this week as news of constructive talks to end the current debt ceiling impasse in Washington raised optimism that a deal can be reached, thus avoiding a damaging debt default. This has put the spotlight firmly back on the Federal Reserve and what it will decide over future interest rate moves.
FX EmpireAUDUSD Forecast – Australian Dollar Bounces Slightly After an Initial Decline
The Aussie dollar initially fell a bit during the trading session on Thursday but has found a little bit of support in the same general area as the last couple of days.
CoinDeskBinance Australia Halts Australian Dollar Bank Transfers
Exchange blames third-party payment providers, and says that credit as well as debit cards can still be used.
- Investing.com
Dollar edges higher; U.S. debt negotiations in focus
The U.S. dollar rose in early European trade Thursday as negotiations to end the debt ceiling standoff in Washington have yet to result in a deal, while more Fed officials are due. President Joe Biden and top U.S. congressional Republican Kevin McCarthy have agreed to negotiate directly over the raising of the government's $31.4 trillion debt ceiling, after a months-long standoff. This has raised optimism that a deal can be reached to avoid a damaging debt default, but a cautious air has tempered risk-taking.
- Investing.com
Australia jobs unexpectedly shrink in April, unemployment up
Investing.com -- Australia’s job market unexpectedly contracted in April, data showed on Thursday, while unemployment rose amid some cooling in economic activity, although a high number of vacancies showed that the labor space was still running red hot.
FX EmpireAUDUSD Forecast – Australian Dollar Bounces From Initial Selloff
The Australian dollar initially fell during the trading session on Wednesday, but has found a little bit of support, at least enough to turn around and put up a fight.
FX EmpireAUDUSD Forecast – Australian Dollar Continues to See Noisy Behavior
The Aussie dollar has seen a lot of back-and-forth behavior, as the market currently sits just below the 50-Day EMA.
- Investing.com
Dollar stabilizes near five-week high ahead of more debt ceiling talks
The potential for a U.S. default of its debts if a deal is not done to lift the country’s borrowing limit, which Treasury Secretary Janet Yellen reiterated could be hit as soon as June 1, has helped the dollar push higher of late, with traders seeking the greenback given it is often used as a safe haven in times of stress. The main parties are expected to meet once more later Tuesday, with President Joe Biden expressing confidence a deal can be done, but Republican House of Representatives Speaker Kevin McCarthy said on Monday that the two sides were still far apart. The Federal Reserve raised interest rates last week for a 10th straight time, but hinted that it may be about to pause its aggressive policy tightening as it studies incoming economic data and assesses the impact of the tightening to date.
- Investing.com
Asia FX dips on weak Chinese data, hawkish Fed comments
Investing.com -- Most Asian currencies retreated on Tuesday as disappointing Chinese economic data posited a weak outlook for the region’s largest economy, while hawkish comments from Federal Reserve officials also brewed uncertainty over the path of U.S. interest rates.
FX EmpireAUDUSD Forecast – Australian Dollar Bounces Hard to Kick Off the Week
The Australian dollar has bounced rather hard during the trading session on Monday to reach toward the 50-Day EMA.
