If the RBA doesn’t cut next week it would be a shock to the currency market and AUD/USD could lift by around 1 U.S. cent, said CBA. The pair is near 0.6280.
Chance for Australian Dollar (AUD) to rise above 0.6310; it remains to be seen if it can maintain a foothold above this level ...
Recent US inflation data came in stronger than expected, with the headline US Consumer Price Index (CPI) rising 0.5% MoM (vs. a 0.3% forecast) and the core US CPI jumping 0.4% (exceeding expectations) ...
The dollar rose after Trump said he would on Monday impose 25% tariffs on all steel and aluminum imports.
The US dollar has been somewhat mixed in the early hours of Wednesday, as we continue to wait for inflation data coming out of the United States.
The U.S. dollar strengthened against most other G-10 and Asian currencies in the morning session.
Explore how AUD/USD navigates new US tariff announcements, with insights on consumer confidence and potential RBA rate cuts ...
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The US dollar is somewhat choppy and mixed in the early hours of Tuesday, but at this point in time it is still by far the ...