The Australian dollar traded around $0.70, near multi-week highs as stronger-than-expected household spending reinforced signs of resilient domestic demand ahead of the Reserve Bank’s monetary policy meeting next week.Household spending rose 0.8% in June, well above forecasts of 0.2%, driven by ano…
The Australian dollar rose above $0.70, approaching its strongest level in seven weeks as broad weakness in the US dollar and hopes of diplomatic talks in the Middle East offset fading expectations of domestic interest rate hikes.Markets imply next to no chance the Reserve Bank of Australia will hi…
The Australian dollar depreciated to below $0.698, easing from multi-week highs as investors reassessed the monetary policy outlook after fresh comments from the central bank's governor.Reserve Bank of Australia Governor Michele Bullock said another interest rate hike may still be needed to bring i…
The Australian dollar rose to around $0.70, moving back near multi-week highs as investors await upcoming inflation figures this week for clues on the Reserve Bank’s policy outlook.The second-quarter CPI report, due on Wednesday, is expected to show core inflation rose 0.9% in the quarter, lifting…
The Australian dollar rose above $0.70, reaching a five-week high as a stronger-than-expected labor market report reinforced expectations of another interest rate hike.Net employment surged by 76,300 in June, the biggest increase since April last year and far above forecasts of a 15,300 gain, while…
AUDUSD increased to 0.70, the highest since June 2026.Over the past 4 weeks, Australian Dollar US Dollar gained 0.27%, and in the last 12 months, it increased 7.14%.
The Australian dollar rose to around $0.70, hitting more than a four-week high as the ongoing US-Iran conflict raised the risk of energy-driven inflation, fueling expectations that the Reserve Bank of Australia could deliver another interest rate hike.US attacks on Iran entered a tenth consecutive…
The Australian dollar held its recent decline to around $0.698, pulling back from a recent three-week high as the escalating US-Iran conflict weighed on risk assets.The safe-haven US dollar strengthened, while oil prices climbed after hostilities expanded beyond military targets to critical infrast…
The Australian dollar fell below $0.70, but stayed near a three-week high and on track for a third consecutive weekly gain as the US dollar remained broadly weaker, while the escalating Middle East conflict weighed on risk sentiment.Softer-than-expected US consumer and producer inflation data promp…
The Australian dollar held its recent gains to around $0.70, staying near a three-week high as weakness in the US dollar offset concerns over the escalating Middle East conflict.The US has launched yet another wave of strikes against Iranian coastal military assets and reinstated a naval blockade o…
The Australian dollar strengthened to around $0.698, reaching more than a three-week high as softer-than-expected US inflation data weighed on the greenback and reduced expectations for further rate hikes by the Federal Reserve.Investors also looked past renewed US-Iran tensions after President Don…
The Australian dollar hovered around $0.693, extending the previous week’s roughly 0.2% loss to trade near three-month lows as persistent Middle East tensions weighed on global risk sentiment.The US launched another wave of strikes on Iran over the weekend in response to an attack on a container sh…
The Australian dollar rose to around $0.695 but was on track to finish the week largely unchanged as investors monitored developments surrounding the Strait of Hormuz following renewed tensions in the Middle East. The safe-haven US dollar strengthened, while oil prices climbed after the US and Iran…
The Australian dollar held its recent decline to around $0.694, moving back toward three-month lows as renewed US-Iran tensions dampened global risk sentiment.Traders flocked to the safe-haven US dollar, while oil prices jumped after the US launched a fresh wave of strikes against Iran and revoked…
The Australian dollar held firm around $0.694, maintaining last week's 0.7% gain, as a decline in the US dollar combined with expectations of further RBA rate hikes.Markets continued to assess the Reserve Bank of Australia’s June meeting minutes, which underscored policymakers' strong concerns over…
The Australian dollar strengthened for a second straight session to around $0.690 and was on track for a weekly gain, supported by hawkish interpretations of the RBA's June meeting minutes from major banks.While markets priced in only a 15% chance of an August rate hike and roughly 50% odds that th…
The Australian dollar remained below $0.690, hovering near a three-month low as investors pared back expectations for further interest rate hikes, while weaker-than-expected trade data weighed on sentiment.The country unexpectedly posted a AUD 3.02 billion trade deficit in May, the largest since De…
The Australian dollar remained below $0.70, hovering close to three-month lows as a resurgent US dollar continued to dominate currency markets, while the domestic policy outlook remained mixed.Minutes from the Reserve Bank of Australia's June policy meeting showed policymakers continued to see upsi…
The Australian dollar fell further below $0.687, extending losses to a fresh three-month low as a stronger US dollar outweighed the RBA’s restrictive policy stance.Minutes from the Reserve Bank's June meeting showed policymakers agreed interest rates should remain restrictive to curb excess demand…
The Australian dollar depreciated further below $0.690, hitting a fresh three-month low as renewed tensions in the Middle East weighed on risk sentiment.The US and Iran agreed to pause hostilities and resume peace talks over the Strait of Hormuz dispute after days of strikes and counterstrikes on v…
