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…
