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…
