Australian Dollar Grips on to Coal Train in Risk-Off Rout. Will AUD/USD Go Lower?
The Australian Dollar tried to go higher today, but risk-off sentiment became all too pervasive and US Dollar safe-haven buying emerged. Can AUD/USD hang on?
The Australian Dollar tried to go higher today, but risk-off sentiment became all too pervasive and US Dollar safe-haven buying emerged. Can AUD/USD hang on?
Risk-off was the message in Hong Kong as Evergrande shares were halted from trading, and tensions between Beijing and Washington continued to mount.
The first full week of October promises several significant data releases and events over the next few days.
It stands to reason that as we persist in a lower volatility environment, which incidentally may be good for a steady float higher in US equity prices, could also see the level of interest among re…
The Australian Dollar rose into Friday’s APAC session as the Greenback fell with Treasury yields. An energy crisis in China may see a ban lifted on Australian coal imports.
The Reserve Bank of Australia (RBA) interest rate decision may drag on AUD/USD as the central bank is widely expected to retain the current policy.
Energy markets have been on fire in September, and a push to fresh yearly highs may not be far away for crude oil prices.
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This week sees the Australian and New Zealand central banks provide updates to monetary policy with the RBNZ almost guaranteed to raise rates for the first time since the pandemic
USD buying picking up against Euro, JPY & CHF. CAD shorts reduced. GBP rallies face hurdles.