USDAUD USD/AUD
- 1.4984
- +0.0045+0.30%
USD/AUD News
The Federal Reserve Board “releases an eagle”! The US neutral interest rate may be higher than in the past ten years, and interest rates may only be cut once in 2024
Atlanta Federal Reserve Chairman Bostic believes that the inflation rate will continue to fall this year and 2025, but the rate of decline in inflation will be lower than many people expected.
AUD/USD Price Analysis: Uptrend Extends
AUD/USD was pulling back but it found support and rallied back up to within a few pips of the May 16 high at 0.6714.
US Dollar Ebbs in Europe as Kiwi and Swedish Krona Underperform
The US dollar was struggling for traction near the prior week's lows against many major currencies in early European trade on Monday as global markets looked ahead to a series of scheduled speeches from Federal Reserve officials.
US Dollar Extends Retracement on Fed-packed Monday
The US Dollar (USD) is starting the week as it closed off the previous week: with some easing. Equities are on the front foot this Monday while commodities are trading higher, pushing the Greenback into some easing.
Ichimoku Cloud Analysis: GBP/USD, XAU/USD, AUD/USD
GBP/USD has gained a foothold above the indicator’s signal lines. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2685 is expected, followed by a rise to 1.2855. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel.
Narrow Dollar Range Likely to Remain for Now - Goldman
The U.S. dollar is trading in a calm fashion against the majors of late, and these narrow ranges will likely stay for a while longer, according to Goldman Sachs (NYSE:GS), with divergence having to wait.
Service inflation, commodity deflation! Big Short: The Federal Reserve is making huge policy mistakes
Albert Edwards, a strategist at Société Générale, said that while service inflation is still sticky, commodity inflation has dropped significantly, indicating that the Federal Reserve's monetary policy has been excessively tight, and the pursuit of a 2% inflation target may even lead to a recession.
Australian PM's Support Rises After Big-Spending Budget
Australian Prime Minister Anthony Albanese’s personal approval rating climbed and support for his government improved after last week’s budget, even as economists warned the spending measures could exacerbate inflationary pressures.
RBA's Policy Meeting Minutes to Carry Hawkish Warning -- Market Talk
The minutes of the RBA's recent policy meeting are published on Tuesday, and they will almost certainly be more hawkish than prior communications from the central bank.
AUD/USD Trades With Mild Positive Bias Near 0.6700, RBA Meeting Minutes eyed
The AUD/USD pair trades with a mild positive bias near 0.6695 during the early Asian session on Monday.
Has the US run out of excess savings, and is spending peaking?
The inflation data for the next two to three months will basically determine the general pace and direction of interest rate cuts during the year.
Allianz Chief Economic Adviser Mohamed: The Federal Reserve has more reasons to delay interest rate cuts
According to Allianz chief economic adviser Mohamed El-Erian, there is a risk that the Federal Reserve's practice of delaying interest rate cuts to curb inflation will fall behind the situation
Peggy Investments: The Federal Reserve is expected to cut interest rates three times in the next eight meetings
Analysts at Peggy Investments say they expect the Federal Reserve to cut interest rates three times in the next eight meetings
The US CPI report cools down and is indifferent! The Federal Reserve's “Eagles” senior official Bauman speaks out again
In his latest speech, Bauman did not mention more data released this week, particularly the US CPI for April. Compared to a week ago, the latest data showed that the US CPI data for April gave a signal of cooling down, but she didn't seem to be moved by it.
BlackRock executive Rieder thinks curbing inflation requires cutting interest rates rather than raising interest rates
BlackRock's Rick Rieder suggests something contrary to conventional wisdom: the best way for the Federal Reserve to contain inflation is to lower interest rates rather than keep them higher.
US Dollar Continues Long Road to Recovery Despite Slew of Softer Data
The US Dollar (USD) is continuing its recovery on Friday for a second day in a row after the steep decline seen on Wednesday, which marked this week for the Greenback.
AUD/USD Price Analysis: Aussie Pulling Back Within an Uptrend
AUD/USD has reached the bullish target for a price pattern that formed at the April 19 lows.
BlackRock's Rieder Says Cut, Not Hike, Would Tame US Inflation
Rieder pointed to sticky inflation across service sectors, like auto and health insurance, as evidence.
Dollar Expected to Be Supported Near Term, Might Weaken Over Medium Term -- Market Talk
The U.S. dollar should weaken further over the medium term, UBS strategists say in a note. "While the U.S. dollar may be supported in the near term as the European Central Bank and the Bank of England are likely to start lowering rates ahead of the Fed, we expect modest USD depreciation as growth outside the U.S. improves," they say.
Forex Today: More Fedspeak on the Agenda Heading Into the Weekend
Following the sharp decline seen after April inflation data on Wednesday, the US Dollar Index managed to stage a modest rebound on Thursday and closed the day in positive territory. On Friday, Eurostat will release revisions to April Harmonized Index of Consumer Prices (HICP) data. Later in the day, investors will remain focused on comments from Federal Reserve (Fed) officials in the absence of high-impact data releases from the US.