The People’s Bank of China meet the market expectations to keep the benchmark interest rates unchanged. Ukraine rejection of Russian demand to surrender port city in exchange for safe passage weigh on the market sentiment. RBA's Philip Lowe speech will be the major catalyst in directing the pair, traders will also keep an eye on [...]
Comments from a senior Chinese official for more stimulus helps the Australian dollar. The recent update of daily virus infections ease in Beijing, favors the AUD. Mixed signals over the Russia-Ukraine peace talks and the Fed's verdict can act as a bearish catalysts for the pair- AUD/USD. Australian dollar trades high against the American [...]
The antipodean has slipped on a pullback in commodity prices as investors paused to reassess the Russia-Ukraine conflict. Russia warns Western countries could face oil prices of over $300 per barrel, cuts to EU gas supply, weighs on the market sentiment. Australia’s NAB Business Confidence improved in February. Australian dollar dips following the footprint [...]
Australia, net energy exporter gains from higher commodity prices amidst Ukraine crisis. Reserve Bank of Australia (RBA) keeps its monetary policy unchanged, with OCR at 0.10%. Upbeat China's PMI and Australia Upbeat retail sales data of January month favors Aussie, Ukraine development eyed. The Australian dollar was resilient on Tuesday since strength in domestic [...]
