Australian Dollar Nears Key Level as US Dollar Stays Weak
Australian Dollar Nears Key Level as US Dollar Stays Weak The Australian Dollar (AUD) has continued its upward trajectory for the second day in a row on Thursday, finding support from a weakening US Dollar (USD). Despite this, mixed signals from recent Australian employment data have placed some downward pressure on the AUD/USD exchange rate. […]
Australian Dollar’s Gains Reduced Amid Strengthening US Dollar, Attention on Australian CPI
Australian Dollar’s Gains Reduced Amid Strengthening US Dollar, Attention on Australian CPI The Australian Dollar (AUD) slightly reduced its intraday gains as the US Dollar began to recover its recent losses on Tuesday. The AUD/USD pair, however, is still finding support due to a general improvement in risk sentiment. This shift in mood is partly […]