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dollar, Australia and China
Australia, New Zealand dollars shine on China's stimulus boost
The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while the yuan hit its strongest level in more than a year, as China's aggressive stimulus package provided the latest shot in the arm for risk appetite.
Australian Dollar soars as markets digest RBA decision, Chinese stimulus
Australian Dollar reaches a three-month high of 0.6852 against the US Dollar on Tuesday. AUD/USD is supported by China's stimulus measures, a weaker USD, and positive global market sentiment. RBA held rates steady and maintained its hawkish stance,
Australian dollar strikes 19-month peak, kiwi on highs for the year
THE Australian dollar was enjoying the view near 19-month peaks on Wednesday after inflation data slowed much as expected and failed to move the dial on rate cuts, while its New Zealand counterpart touched the highest for the year so far.
Australia, inflation
Australia inflation slows to 3-year low in August, core also trends lower
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while core inflation hit its lowest since early 2022 in welcome progress that could open the door to rate cuts.
Australia Inflation At 3-Year Low
Australia's inflation slowed to a three-year low in August on falling auto fuel and electricity prices, the Australian Bureau of
Australia’s Headline Inflation Rate Falls Back to Target
Australia’s headline inflation rate fell within the Reserve Bank of Australia’s target band for the first time since 2021 in August, but economists warn that this won’t trigger an immediate interest-rate cut.
9h
Run On The Dollar Stalls After The Market Boosted Odds Of Another 50 Bp Fed Cut
Weak US consumer confidence, especially regarding the labor market, boosted speculation of another half-point Fed cut in ...
1d
Australian Dollar trims daily gains following the speech by RBA Bullock
The Australian Dollar remains solid near nine-month high of 0.6839 as RBA is expected to maintain current rates at 4.35%. The ...
1d
Australian Dollar Weekly Forecast: RBA and Inflation May Fuel an AUD/USD Run at $0.70
The RBA is expected to hold rates at 4.35%. Investors await key insights from the press conference to gauge AUD/USD movement ...
12h
Euro firms against dollar, yuan jumps on China's stimulus boost
The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while sterling hit its highest in more than two ...
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1d
Australian Dollar Rises After RBA Keeps Key Rate Unchanged As Expected
The Australian dollar strengthened against other major currencies in the late Asian session on Tuesday, after Australia's ...
1d
Australian Dollar Forecast: AUD/USD Poised for Reaction to Aussie and US PMIs
Aussie dollar awaits September’s Services PMI. Strong data may delay an RBA rate cut, lifting AUD/USD. Weak PMI could ...
Exchange Rates
1d
Pound Australian Dollar (GBP/AUD) Exchange Rate Tumbles As PMI Data Disappoints
The Pound Australian Dollar (GBP/AUD) exchange rate trended lower through Monday’s European session, as disappointing UK PMI ...
17h
Aussie dollar rises to highest since February 2023
The Australian dollar was enjoying the view near 19-month peaks on Sept 25 after inflation data slowed much as expected and ...
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China
Federal Reserve System
RBA
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Unemployment
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