Australian Dollar maintains position ahead of Michigan Consumer Sentiment Index – FXStreet
The AUD/USD pair is rising as US data strengthens the likelihood of an aggressive Fed rate cut next week. The U.S. producer price index rose more than expected due to rising services costs. The Fed is expected to cut interest rates by 25 basis points at its September meeting. AUD/USD rose for a third consecutive […]
Australian Dollar rises due to risk-on mood, focus shift to US Initial Jobless Claims – FXStreet
The AUD/USD pair rose following comments from former Reserve Bank of Australia (RBA) Governor Bernie Fraser. Bernie Fraser criticised the Reserve Bank of Australia's board for placing too much emphasis on inflation at the expense of the jobs market. Australian consumer inflation expectations eased to 4.4% in September, down slightly from a four-month high of […]
Australian Dollar strong as investors digest US CPI figures – FXStreet
The Australian dollar is strengthening against the US dollar after the latest US inflation data showed a fall in CPI. RBA's Hunter spoke about Australia's labour market, stressing it remains in a tough position compared to full employment. With the RBA continuing to maintain a hawkish stance, there is still room for the AUD/USD pair […]
Australian field hockey player suspended over attempted cocaine purchase at Paris Olympics
Field hockey player Tom Craig has been banned for 12 months by the sport's Australian governing body after attempting to buy cocaine at the Paris Olympics. Craig was arrested on August 7 after the Olympic Games had concluded while attempting to buy the drug during a night out in Paris, but was released without charge. […]
Australian hockey player given 12-month ban for buying cocaine at Olympics | Paris Olympic Games 2024
Australian Olympic hockey player Tom Craig was arrested in Paris for buying cocaine during the Olympics and given a 12-month suspension, six months of which were suspended. Governing body Hockey Australia said Craig's suspension began on Monday and was the result of an investigation by the association's integrity department into his arrest last month. “Six […]
Australian Dollar appreciates as US Dollar pares gains due to improved risk sentiment – FXStreet
AUD/USD recovers intraday losses following the release of China trade balance data. China's trade balance rose to RMB649.34 billion in August from RMB601.9 billion the previous month. The US dollar received support after recent employment data reduced the likelihood of an aggressive Fed rate cut in September. The AUD/USD pair rose after China’s trade balance […]
Australian b-girl says she expected to ‘get beaten’ at Paris Olympics in first interview since controversy
Australian B-girls Rachel “Raegan” Gunn It was his first interview since his controversial performance at his Olympic breakdancing debut last month went viral on social media, leaving many viewers to wonder how the 36-year-old university professor managed to compete in the Summer Olympics. Speaking to Australia's Network 10, Gunn said: Paris “It's tough.” Gan admitted […]
Australian Breakdancer ‘Raygun’ Apologizes For Causing Controversy At Paris Olympics, Stands By Choreographed Routine
Team Australia's B-girl Raegan competes in the B-girl Round Robin Group B during day 14 of the Paris 2024 Olympic Games at Place de la Concorde in Paris, France on August 9, 2024. (Photo by Ezra Shaw/Getty Images) By Brooke Mallory, OAN StaffWednesday, September 4, 2024 3:37 PM Breakdancer Rachel Gunn, who will represent Australia […]
Australian runner Jaryd Clifford stripped of bronze medal, disqualified after T13 5000m final
An Australian Paralympian was disqualified and stripped of his bronze medal for breaking a “ground rules” during a race on Saturday, inches from the finish line. Jarryd Clifford, who is legally blind, was “disappointed” after officials decided he and his guide Matt Clarke were not tethered when they crossed the finish line in the men's […]
AUD/USD holds below 0.6800 amid risk-off sentiment, eyes on Australian CPI data – FXStreet
AUD/USD fell to around 0.6790 in early Asian trading on Wednesday. Rising geopolitical tensions could weigh on the pair, while expectations of a Fed rate cut could limit any declines. Investors will be closely watching Australia's monthly Consumer Price Index (CPI) report on Wednesday. In early Asian trading on Wednesday, the AUD/USD pair is trading […]