* Aussie opens the week lower * Focus on RBA and Fed speeches. Also a big week for economic data * Covid case numbers in China cause for concern The AUD/USD opens the week nearly ½ cent lower from Friday’s Sydney close of 0.6765 as we gear up for a big week ahead. Higher Covid
* Aussie inches higher * US Thanksgiving Day Holiday yesterday makes for quiet 24 hours * Focus turns to Australian inflation nos. due out next week The past 24 hours have seen the AUD/USD trade in a narrow range of 0.6732 – 0.6777, and this morning the Aussie opened a touch higher from yesterday’s Sydney
* Aussie bounces back * Focus turns to US data and Fed Reserve Minutes on Thursday * Soccer World Cup: France 4 Australia 1, Saudi Arabia 2 Argentina 1 The AUD/USD opened this morning a touch higher from yesterday’s Sydney close of 0.6614, and against all the other major currency pairs (except the Kiwi), the
* Aussie opens the week lower * Quiet week for local and offshore economic data this week * NZ households bracing for 75 basis point rate hike The AUD/USD opens the week a touch lower after Sydney’s Friday close of 0.6707. After reaching a 2-month high of 0.6792 last Wednesday night, the Aussie spent the
* Aussie fails to push on despite strong local job numbers * USD bounces back on better than expected US Retail Sales * US mid-term elections confirm split – Democrats hold Senate. Republicans take House of Reps For most of the week, the AUD has been riding the wave (due largely to softer US inflation
* AUD/USD marches on * US Inflation data and easing of Covid restrictions in China support AUD * Day of consolidation? The AUD/USD opened this morning slightly higher than Sydney’s Friday close of 0.6661. Over the weekend, it gradually climbed and just after 8 am this morning, it reached 0.6715 (not seen since 20 September)
* AUD/USD rallies to fresh 6-week high * USD plummets on weaker than expected US Inflation numbers * US mid-term elections take a back seat Weaker than expected US Inflation numbers (Consumer Price Index) for October and the 12 months to date have seen the USD fall sharply against most major currencies, including the Aussie.
* Aussie hits 6-week high overnight * USD weighed down by US mid-term elections * US Inflation nos. due tomorrow tonight The AUD/USD opened this morning up ½ cent on yesterday’s close of 0.6454. For most of the night, the Aussie was treading water around the 0.6460- 0.6480 range, however, at approx. 2 am AEDT
* Aussie opens slightly lower after choppy 24 hours * RBA hikes rates by 0.25% as expected. Takes a wait and see approach * Attention turns to US Fed decision and commentary The AUD/USD has opened this morning slightly lower from yesterday’s close of 0.6425. However, the past 24 hours have been quite eventful and
* Aussie opens slightly lower ahead of BIG week * Focus on RBA and US Fed and key economic data * Deauville Legend heavy favourite for Melbourne Cup There was little movement in the AUD/USD over the weekend as the market remains cautious ahead of a big week both in terms of interest rate decisions