AUD/USD Price Outlook: Reverses after encountering selling pressure over 0.7100
The AUD/USD pair bounced back after initially dipping due to pressure above 0.7100, now settling at about 0.7065 during late Asian trading on Monday. This change came as the Australian dollar (AUD) struggled against other currencies. Currently, the US dollar (USD) is performing better compared to the Australian dollar, which hasn’t fared as well as […]
Goldman increases AUD/USD predictions to 0.74 as RBA’s aggressive position boosts outlook
Goldman Sachs Upgrades AUD/USD Forecast Goldman Sachs has revised its outlook for the AUD/USD exchange rate, positioning it between 0.72 and 0.74 over the next year. This change is largely attributed to the Reserve Bank of Australia’s (RBA) assertive monetary policy, differences in relative policies, and favorable valuations. However, they also caution about potential threats […]
AUD/USD Update for Today 11/02: Australian Dollar Declines
Created on February 11, 2026 The Australian dollar saw a slight decline in early trading on Tuesday, struggling to overcome the 0.71 mark. Australian dollar/US dollar
What is the timing of the Australian Trade Data and its potential impact on AUD/USD?
Australia’s trade surplus grew to 3.373 billion in December, an increase from the revised figure of 2.597 billion seen the previous month, as reported by the Australian Bureau of Statistics on Thursday. More detailed statistics indicated that Australian exports in December rose by 1.0% month-on-month, rebounding from a revised decline of 4.0% in November. In […]
What is China’s Trade Balance and how might it impact AUD/USD?
China’s Trade Balance for December In December, China’s trade balance reached 808.8 billion yuan, a notable increase from the previous figure of 792.57 billion yuan. Exports saw a year-on-year rise of 5.2% in December, slightly lower than November’s 5.7% increase. On the other hand, imports grew by 4.4% during the same timeframe, a significant uptick […]
AUD/USD falls to about 0.6650 following weaker-than-expected data from China.
Market Update: Australian Dollar Shows Weakness Amid Chinese Data In Asian trading on Monday, the AUD/USD pair slipped 0.10% to approximately 0.6645. The Australian dollar is facing pressure following the release of unexpectedly weak retail sales and industrial production figures from China’s National Bureau of Statistics for November. Australia’s economy relies heavily on exports to […]
AUD/USD stays low following mixed Australian employment figures; remains above mid-0.6600s
Australian Dollar Update The AUD/USD experienced a decline during Thursday’s Asian session, which reversed some of the strong gains seen the previous day, marking its highest point since September 17. Currently, the exchange rate is hovering just above the mid-$0.6600 range, although the downward movement seems somewhat contained. According to the Australian Bureau of Statistics […]
AUD/USD Price Outlook: AUD pauses before RBA decision; positive trend remains above 0.6600
On Monday, the Australian dollar (AUD) fell against the US dollar (USD), marking the end of its four-day rise as the USD found stability. At that moment, the exchange rate was around 0.6621, with traders feeling cautious ahead of the Reserve Bank of Australia’s (RBA) decision on interest rates scheduled for Tuesday. Most believe the […]
AUD/USD remains steady around 0.6650 following positive China Trade Balance information, with attention on RBA policy.
AUD/USD Sees Continued Gains The AUD/USD pair has managed to extend its winning streak to 12 days as of Monday. It’s been trading confidently close to the 0.6650 mark, which is a high not seen in the last two months, particularly noted during late Asian trading on Friday. Recently, the Australian dollar has demonstrated considerable […]
When is China’s trade balance, and how might it impact AUD/USD?
In November, China’s trade balance reached 792.57 billion yuan, marking an increase from 640.4 billion yuan in the previous period. Exports saw a dip of 0.8% in October but rose by 5.7% in November compared to the same month last year. During this time, imports also grew by 1.7% year-on-year, slightly above a previous peak […]