USD to AUD

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News

Forex Market: GBP/USD extends losses due to stronger dollar ahead of FOMC meeting outcome, UK re-opening delay shrugged off

GBP/USD extended last Friday’s losses at the start of the new week, mostly due to a firmer US Dollar. The Sterling seemed to have shown little reaction to news that the British government will probably defer the end of coronavirus-related social restrictions. PM Boris Johnson is expected to announce a delay of four weeks to […]

June 14, 2021, 9:05 am in Currency News

Forex Market: AUD/USD falls as greenback finds support ahead of US CPI report

AUD/USD edged down on Tuesday since uncertainty surrounding the Federal Reserve’s policy outlook seemed to have offset upbeat macro data coming out of Australia. A softer-than-anticipated US Non-Farm Payrolls report somewhat allayed fears of an early monetary policy tightening by the Fed, which helped the Aussie to recoup earlier losses last week. Next, on the […]

June 8, 2021, 9:03 am in Currency News

Forex Market: GBP/USD slips on doubts over June 21st re-opening plan, Dollar awaits CPI inflation data

GBP/USD was a notch weaker at the start of the new week as doubts emerged that the British government would stick to its plan to entirely lift coronavirus-related restrictions on June 21st. Hopes of a rapid re-opening of the UK economy seemed to have waned in recent weeks due to a surge in cases of […]

June 7, 2021, 9:02 am in Currency News

Forex Market: AUD/USD rises on greenback weakness, upbeat data, RBA keeps policy settings unchanged

AUD/USD rose on Tuesday despite that the Reserve Bank of Australia kept policy settings without change and reiterated that monetary conditions would remain accommodative until at least 2024. The pair benefited mostly from US Dollar’s weakness, as the greenback was hovering just above 4 1/2-month lows against a basket of six major peers. An additional […]

June 1, 2021, 8:46 am in Currency News

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