Fundamental Analysis Category

Australian Dollar Declines Amid Market Caution The Australian Dollar (AUD) edged lower against the US Dollar (USD) on Thursday, though the AUD/USD pair experienced minor gains as the USD softened slightly with a modest dip in US Treasury yields. The AUD might find some support from the hawkish tone surrounding the Reserve Bank of Australia

US Dollar Holds Steady Amid Correction, Market Focus Shifts to Key Mid-Tier Data The US Dollar (USD) maintains resilience against major counterparts early Friday after losing momentum on Thursday. European trading hours will center on Germany’s IFO business sentiment surveys, while later in the day, US data releases, including September Durable Goods Orders and the

Australian Dollar Faces Downward Pressure Amid Risk-Off Sentiment The Australian Dollar (AUD) struggled to maintain its previous gains on Wednesday, as the AUD/USD pair came under pressure from a stronger US Dollar (USD) driven by rising US Treasury yields. The growing risk aversion in markets, partly fueled by the increasing odds of Donald Trump winning

Australian Labor Market Surprises Positively – Commerzbank Australia’s employment report delivered stronger-than-expected results this morning, joining the list of countries with unexpectedly robust labor data, notes Commerzbank’s FX analyst, Michael Pfister. AUD Supported Amid Strong Job Creation “Job creation reached 64.1k, slightly outpacing August’s already strong figure, with most gains driven by full-time positions. Meanwhile,

Global Investors Left in the Dark on China as Wall Street Surges Global investors are struggling to navigate China’s economic uncertainties after Beijing’s weekend stimulus update underwhelmed markets. While China remains in a fog, Wall Street powered ahead with the S&P 500 and Dow extending their rally, setting the stage for Tokyo to join in