posted by
rosales
15 days ago
in AUD, Economic Indicators
Inflation is lower-than-expected. The March quarter consumer price index (CPI) figures showed that the inflation rate is comfortably within the RBA's target band of 2 to 3 per cent. This gives the RBA room to lower rates, given the reduced possibility ...
posted by
ctrlaltdel
16 days ago
in EUR, AUD
The Australian dollar weakened after official data showed that domestic building approvals fell 5.5% in March, undermining the view that lower interest rates were boosting the housing sector. Elsewhere, the final reading of China's HSBC manufacturing ...
posted by
GAINSY
16 days ago
in USD, AUD, Technical
AUD/USD's sharp decline and break of 1.0262 minor support indicates that rebound from 1.0220 has completed at 1.0384 already. Intraday bias is back on the downside for 1.0220. Break there will resume the whole fall from 1.0581 and will target 1.0
posted by
mintchocolate
16 days ago
in AUD, Economic Indicators
Fundamentally, inflation levels in Australia is still within RBA target range but it is clear that pace of inflation growth has come down significantly. With Building Approvals shrinking, and yesterday's AIG Manufacturing Index coming in weaker than ...
posted by
peigordon
16 days ago
in USD, AUD
The Fed's Statement was otherwise little changed from the March commentary. The Fed still sees activity expanding at a 'moderate' pace, the labour market continues to improve (although the unemployment rate remains high), housing is strengthening, but ...
posted by
stephenie
16 days ago
in AUD
Investing.com - The Australian dollar traded lower against its U.S. counterpart during Thursday's Asian session as traders eschewed riskier currencies a day after U.S. equities and commodities plunged. In Asian trading Thursday, AUD/USD fell 0.15% to ...
posted by
Burum
16 days ago
in AUD
Perhaps the RBA should do a BOJ and kill the AUD too. The G-20 wouldn't mind ... US motor vehicle sales were also down and less than expected in April - bad for omen for retail spending because car sales account for 19% of overall retail sales. Nasty ...
posted by
closingtrade
16 days ago
in USD, EUR, JPY, GBP, AUD, NZD
... a 6-week low of 0.5445. The US Federal Reserve said it will keep buying USD$85 billion in bonds each month to keep interest rates low and spur growth. However, it added that it could increase or taper this pace depending on how the economy responses.
posted by
GAINSY
16 days ago
in USD, AUD, Fundamental
For the 24 hours to 23:00 GMT, AUD strengthened 0.27% against the USD to close at 1.0371, as the greenback weakened after an index of Chicago-area manufacturing plunged to its worst level in more than three years in April, ahead of a closely foll
posted by
recessionfear
17 days ago
in USD, AUD
The AUD/USD was barely moved following the Chinese manufacturing number, which came in line with expectations. Most speculators remain sidelined ahead of Wednesday's Fed monetary policy meeting. AUD/USD found a ...
posted by
roldan
17 days ago
in AUD
Australian shares are seen holding a tight range in early trade on Wednesday, with weak metal prices offsetting a positive lead from Wall Street as investors wait on the release of Chinese manufacturing data ...