Australian Dollar depreciates as US Dollar holds gains due to stronger consumer spending – FXStreet
The Australian dollar has stagnated as employment changes came at 32.2K against a consensus forecast of 40k. Australia’s unemployment rate rose to 4.1% in March, with market forecasts just below 4.2%. The US dollar received support as consumer spending was strengthened in March. Australian Dollar (AUD) trades lower USD (USD), snaps a 6-day winning streak. […]
Leaders’ debate live: Albanese ‘optimistic’ about nation’s future as Dutton says households facing ‘existential’ cost-of-living crisis | Australian election 2025
Australian Dollar receives support from improved global risk mood, US Retail Sales eyed – FXStreet
The Australian dollar remains stable despite the release of a soft Westpac major index on Wednesday. China’s GDP grew year-on-year at 5.4% in the first quarter, exceeding the expected 5.1%, maintaining a stable pace of expansion. The US dollar remains muted prior to the release of retail sales data in March later that day. The […]
Australian Dollar gains strength as US tariff exemption fuels global risk appetite – FXStreet
The Australian dollar has moved forward after Trump exempts major technology products, including some from China, from his new “mutual” tariffs. RBA meeting minutes showed uncertainty about the timing of the next interest rate movement. The US dollar is stable as investors weigh on the weight of male dog concerns. The Australian Dollar (AUD) will […]
Anthony Albanese calls Australian federal election poll date for 3 May | Australian election 2025
The Australian heads to the poll on May 3 after Anthony Albanese fired the starter's gun in the federal campaign. The Prime Minister visited Governor Sam Mostin on Friday morning to dissolve the 47th Parliament, causing a five-week race and formed the next government. Albanese, who announced that Election Day would be going back in […]
Australian Dollar holds gains as US Dollar struggles ahead of Q4 GDP Annualized data – FXStreet
The Australian dollar rises despite increased risk-off sentiment amid concerns about deducting US auto rates. OUD was able to find support as investors expect the Reserve Bank of Australia to maintain interest rates next week. President Donald Trump's decision to impose a 25% tariff on automobile imports further heightened global trade tensions. The Australian Dollar […]
PM expected to call Australian election on Friday morning with poll likely to be held in early May | Australian election 2025
According to labor sources, Prime Minister Anthony Albanese is expected to call the federal elections for Friday's election day. In Canberra, there was speculation that Albanese could visit the governor on Friday or Sunday to use momentum from Tuesday's federal budget and draw attention from Peter Dutton's budget reply speech on Thursday night. Several senior […]
Australian PM Invites Donald Trump to Visit Down Under
Come to the land below and say g'day. That was Wednesday's message from Australian Prime Minister Anthony Albanese to President Donald Trump. Once a leader of the left Rejected The Republican president now appears to be changing his mind, saying, “He (Trump) is scaring sh*t from me, so I think it's a bit of a […]
Wong calls ‘reprehensible’ letter targeting Hong Kong activist in Australia a ‘threat to national sovereignty’ | Australian foreign policy
Foreign Minister Penny Wong described another threat letter sent to the exiled Hong Kong opposition in Australia as “condemnable,” as “threat to our national sovereignty” and “security and security of Australians.” An anonymous letter, mailed from Hong Kong and sent to Ted Hui's Adelaide office, provided a colleague with $203,000 for information about his whereabouts […]
Australian tourist killed and two injured as snorkelling boat capsizes off Bali | Bali
The snorkeling boat, which houses 13 people, including 11 Australian tourists, capsized in the rough waters of Bali, an Indonesian resort island on Friday, killing a woman and injuring two others, police said. Local police spokesman Agus Widiono said when the sea dragon boat was overwhelmed by high waves on its way from Bali port […]