* AUD/USD nears 70 cents * Iron Ore at 7-month high; Gold at 9-month high * Focus on local job numbers (Thurs) and US Retail Sales (Wed) The AUD/USD rallied to another new 5-month high over the weekend, reaching 0.6994. Continued selling of the greenback following softer than expected US December Inflation numbers late last
* AUD/USD reaches new 5-month high overnight * US inflation falls in December. First fall since May 2020 * Stronger commodity prices also help support the Aussie Softer US inflation numbers released last night, especially for the month of December, have seen the AUD/USD rally to a high of 0.6984 overnight – a level not
* AUD/USD reaches 0.6948 overnight. New 5-month high driven by US interest rate speculation * BIG week for Inflation data. Releases from Australia and China (tomorrow) and the US (Thurs) * RBA next meets 7 Feb; US Fed next meets 31 Jan – 1 Feb For the first Daily Currency Outlook of the year please
* AUD pushes higher against all major currencies * Focus on US data tonight/tomorrow * Best wishes for Christmas and Happy New Year In a sea of green, the AUD opens this morning slightly higher against all major currencies. Against the USD, the Aussie climbed slowly through the night from its close of 0.6671 to
* AUD opens the week virtually unchanged from Friday’s close * Little local data this week. Focus on US GDP and Durable Goods * Argentina win Soccer World Cup 4-2 on penalties The AUD opens this morning against most major currencies virtually unchanged from Sydney’s Friday close. Against the greenback, the Aussie closed at 0.6702
* Aussie opens virtually unchanged as US Fed hike * US Federal Reserve increased interest rates by 0.5% as expected * Local employment nos. due out this morning As expected, the US Federal Reserve delivered a 0.5% interest rate rise early this morning. The delivery of the 50-basis point hike, which broke a trend of
* AUD/USD touches fresh 3-month high early Saturday * Markets gearing up for a big week * Focus very much on US Fed Reserve The AUD opens this morning slightly higher against most major currencies from Friday’s Sydney close. Against the USD, the Aussie traded in a narrow 50-point range however, early Saturday morning, a
* Aussie opens slightly lower despite RBA rate hike * Attention turns to Australian GDP numbers today * Focus very much on the Fed meeting next week The AUD opened this morning slightly lower against all major currencies despite yesterday’s interest rate rise by the RBA. Following the announcement and accompanying statement (in which the
* Aussie opens the week slightly lower against most major currencies * Broad USD strength on the back of strong US job numbers * RBA expected to hike by 0.25% Tuesday The AUD/USD opens this morning slightly down from Sydney’s Friday close of 0.6817, and against most major currency pairs, the Aussie is also lower.
* Aussie touches 68 cents this morning – an 11-week high * Speech by US Fed Chair sets the tone * Soccer World Cup: Australia 1 Denmark 0. Australia through to the knockout stage Whether it was mixed US data, the Socceroos win over Denmark (which takes them to the knockout stage and a game