Yields on Aussie 10 Year jumped high as Market price more aggressive action from RBA. Fall of Australian consumer sentiment in February could restrict the bullish move of the quote - AUD/USD. US CPI data is largely eyed by the traders to get clues on interest rate hikes. Australian dollar trades high against the [...]
Stimulus and Upbeat Australian data underpins the bullish move of the quote - AUD/USD. RBA hawks favored by upbeat inflation and job report, braces the Aussie. Russia - Ukraine geopolitical tension weighs on market sentiment. Australian dollar is trading high against the American dollar during Monday Asian session snapping the three-day downtrend near a [...]
Australia Q4 CPI, RBA Trimmed Mean CPI jumps past forecasts. Australian business confidence fell and is below the level during the Delta wave last year. Escalating geopolitical tensions weighs on market sentiment and makes traders stay away from riskier aussie. Australian dollar trades downside against the American dollar at Tuesday despite the inflation data [...]
China Q4 2021 GDP, Industrial Production showed a rise against the previous reading and the market consesus But the Retail sector had a fall in the December month. Expectation of rate cut and the drop of China's birth rate creates a long term concern for China which in turn impacts Aussie. Fed Rate Concerns and [...]
