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AUD to XCD

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Technical Analysis

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News

Forex Market: AUD/USD trades near one-month lows despite Australia’s inflation rise as risk sentiment fades

AUD/USD was trading not far from recent one-month lows on Tuesday, as global stock markets were deep in the red amid continuing geopolitical tensions and global growth concerns. The Aussie dollar almost ignored a report showing a sharper-than-expected increase in Australia’s CPI inflation in Q4, briefly rising to $0.7178. Australia’s core inflation was reported at […]

January 25, 2022, 10:44 am in Currency News

Forex Market: USD/RUB scales a fresh 14 1/2-month high, Russia’s MOEX extends losses as risk-off mood persists

USD/RUB touched a fresh 14 1/2-month high on Monday and Russian shares extended Friday losses amid broad risk aversion in the market due to a stand-off between Moscow and the West over Ukraine. Geopolitical tensions have been increasing over the past several months after Russia bolstered its military presence near the Ukraine border, which Western […]

January 24, 2022, 10:24 am in Currency News

Forex Market: AUD/USD under pressure as markets price aggressive hikes in interest rates

The Australian dollar remained under pressure on Wednesday due to recent strength of its US counterpart, as markets have moved to price in at least four rate hikes from the Federal Reserve in 2022. The greenback has remained firm against major peers on the back of surging Treasury yields ahead of the FOMC meeting next […]

January 19, 2022, 10:05 am in Currency News

Forex Market: USD/RUB gains, MOEX hits lows unseen since March as geopolitical concerns persist

USD/RUB gained over 0.7% on Tuesday while the MOEX benchmark stock index plunged to lows not seen since March 25th 2021 amid continuing geopolitics-related concerns and worsening health situation due to the rapid Omicron spread. The Russian currency has been facing geopolitical pressure since last October due to Russia’s military build-up near Ukraine. Moscow has […]

January 18, 2022, 10:44 am in Currency News

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